value: 4.30 points Exercise 7-13 Dishonoring a note LO P3 Following are selected transactions for Ridge Company Mar. 21 Accepted a $3,700, 180-day, 8% note dated March 21 from Tamara Sept.17 Jackson dishonors her note when it is presented for payment. Jackson in granting a time extension on her past-due account receivable Dec. 31 After exhausting all legal means of collection, Ridge Company writes off Jackson's account against the Allowance for Doubtful Accounts First, complete the table below to calculate the interest amounts at September 17. (Use 360 days a year.) Through Maturi Principal Rate (%) Time Total interest Use the calculated value to prepare your journal entries View transaction list Journal entry worksheet Accepted a $3,700, 180-day, 8% note dated March 21 from Tamara Jackson in granting a time extension on her past-due account receivable. Note: Enter debits before credits Date General Journal Debit Credit Mar 21 Record entry View general journal Clear entry