Following are selected transactions of Danica Company for 2016 and 2017. 2016 Dec.

Complete the table to calculate the interest amounts and use those calculated values to enter journal entries. (Do not round intermediate calculations. Use 360 days a year.)

M Lee Note

Tomas Co Note

H Cheng Note

General Journal

table entry to calculate the interest amounts.

Total Through Maturity Amount Accrued at December 31Interest Recognized January 27Principal

Rate (%)

Time

Total interest

M Lee Note

Tomas Co Note

H Cheng Note

General Journal

table entry below to calculate the interest amounts.

Total Through

MaturityPrincipal

Rate (%)

Time

Total interest