Use the calculated value to prepare your journal entries. Journal entry worksheet Record acceptance of a $24,000,45-day, 4% note in granting Miranda Lee a time extension on her past-due account receivable. Note: Enter debits before credits 1 Record acceptance of a $24,000,45-day, 4% note in granting Miranda Lee a time extension on her past-due account receivable. 2 Prepare an adjusting entry to record the accrued interest on the Lee note. Note : = journal entry has been entered Journal entry worksheet Prepare an adjusting entry to record the accrued interest on the Lee note. Note: Enter debits before credits