Question: Help Save & Exit s Nov. 1 Accepted a $14,000, 180 da y, 7% note dated November 1 from Kelly white in granting a time

 Help Save & Exit s Nov. 1 Accepted a $14,000, 180
da y, 7% note dated November 1 from Kelly white in granting

Help Save & Exit s Nov. 1 Accepted a $14,000, 180 da y, 7% note dated November 1 from Kelly white in granting a time extension on her past-due account receivable justed the year-end accounts for the accrued interest earned on the white note. Dec. 31 Ad Apr. 30 White honored her note when presented for payment; February has 28 days for the current year t amounts at December 31st and April 30th and use those calculated values to prepare your journal entries. (Do not round intermediate calculations. Use 360 days a year) 0852 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 January 1 Total Through Through Through MaturityDecember 31 April 30 Principal Rate (%) Time Journal entry worksheet 02:08 20 3 Accepted a S 14,000, 180-day, 7% note dated November 1 from Kelly white in granting a time extension on her past-due account receivable. Note: Enter debits before credits General Journal Date Debit Credit Nov 01

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