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QUESTION

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 prepare the journal entries. (Do not round intermediate calculations. Use 360 days a year.)

entering answers in the tabs below.

  • 1 M Lee Note
  • 2 Tomas Co Note
  • 3 H Cheng Note
  • 4 General Journal
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