Exercise 9-12 Honoring a note P3 Prepare journal entries to record these selected transactions for Vitalo Company (assume that no reversing entries are recorded). Nov. Accepted a $6,000, 180-day, 8% note dated November I from Kelly White in granting a time extension on her past-due account receivable, Dec. 31 Adjusted the year-end accounts for the accrued interest earned on the White note. Apr. 30 White honors her note when presented for payment: February has 28 days for the current year. Exercise 9-13 Dishonoring a note P3 Prepare journal entries to record the following selected transactions of Ridge Company Mar. 21 Accepted a $9,500, 180-day, 8% note dated March 21 from Tamara Jackson in granting a time extension on her past-due account receivable. Sept. 17 Jackson dishonors her note when it is presented for payment. Dec. 31 After exhausting all legal means of collection, Ridge Company writes off Jackson's account against the Allowance for Doubtful Accounts