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mework Saved Exercise 9-14 Honoring a note LO P4 Following are transactions for Vitalo Company. Nov. 1 Accepted a $4,000, 180-day, 69 note 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. Complete the table to calculate the interest amounts at December 31" and April 30" and use those calculated values to prepare your Journal entries. (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 31" and April 30" Total Through Maturity November 1 Through December 31 January 1 Through April 30 Principal Rate (%) Total interest General Journal > y Your Unweis lll lile tabs b Interest Amounts General Journal Complete the table to calculate the interest amounts at December 315 al Total Through Maturity November 1 Through December 31 January 1 Through April 30 Principal Rate (%) Time Total interest Intro Amounts General Journal entry worksheet 2 3 Accepted a $4,000, 180-day, 6% note from Kelly White in granting a time extension on her past-due account receivable. Note: Enter debits before credits. General Journal Debit Credit Date Nov 01 Record entry Clear entry View general journal LUCE Adjusted the year-end accounts for the accrued interest earned on the White note. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general joumal

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