Question: Help Save Chapter 09 Accounting Problems Che 10 po Exercise 9-15 Dishonoring a note LO P4 Following are transactions for Ridge Company Mar. 21 Accepted
Help Save Chapter 09 Accounting Problems Che 10 po Exercise 9-15 Dishonoring a note LO P4 Following are transactions for Ridge Company Mar. 21 Accepted a $13.500, 180 day, 8% note from Tamara Jackson in granting a time extension on her past due account recevable Sept. 17 Jackson dishonored her note. Dec. 31 After trying several times to collect, Ridge Company wrote off Jackson's account against the Allowance for Doubtful Accounts. Complete the table to calculate the interest amounts at September 17 and use the calculated value to prepare your journal entries. (Do not round Intermediate calculations. Round your final answers to nearest whole dollar. Use 360 days a year.) Complete this question by entering your answers in the tabs below. wrences Interest Amocht General Journal Complete the table to calculate the interest amounts at September 17 Total Through Maturity Principal Rate(%) Tiene Total interest General Journal >
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