Business
Business, 09.04.2020 19:31, abdullahs4639

Following are selected transactions for Vitalo Company.

Nov. 1 Accepted a $14,000, 180-day, 9% 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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Answers: 2

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Following are selected transactions for Vitalo Company.

Nov. 1 Accepted a $14,000, 180-...

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