Business, 06.05.2020 06:19 rayanne7099

Following are transactions for Vitalo Company. Nov. 1 Accepted a $12,000, 180-day, 8% 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; February has 28 days for the current year. Calculate the interest amounts at December 31st and April 30th.

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Following are transactions for Vitalo Company. Nov. 1 Accepted a $12,000, 180-day, 8% note from Kell...

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