Exercise 9-13 Honoring a note LO P4 Following are selected transactions for Vitalo Company Nov. 1 Accepted a $9,000, 180-day, 58 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 honored her note when presented for payment; February has 28 days for the current year. Complete the table to calculate the interest amounts at December 31 and April 30" and use those calculated values to prepare your journal entries (assume that no reversing entries are recorded). (Do not round Intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Interest Amounts General Journal Complete the table to calculate the interest amounts at December 31st and April 30th November 1 Total Through Through Maturity December 31 9.000 $ 9.000 5% 5% 180/3601 60/360 January 1 Through April 30 $ 9.000 5% 120/360 s Principal Rate(%) Time Total interest Exercise 9-13 Honoring a note LO P4 Following are selected transactions for Vitalo Company Nov. 1 Accepted a $9,000, 180-day, 58 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 honored her note when presented for payment; February has 28 days for the current year. Complete the table to calculate the interest amounts at December 31 and April 30" and use those calculated values to prepare your journal entries (assume that no reversing entries are recorded). (Do not round Intermediate calculations. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Interest Amounts General Journal Use those calculated values to prepare your journal entries (assume that no reversing entries are recorded). View transaction list View journal entry worksheet General Journal Credit No 1 Date Nov 01 Debit 9,000 Notes receivable-K. White Accounts receivable-K. White 9.000 2 Dec 31 Interest receivable Interest revenue 3 Apr 30 Cash Notes receivableK. White Interest revenue Interest receivable