1-0. First, complete the table below to calculate the interest amount at December 31, Year 1. 1-b. Use the calculated value to prepare your journal entries for Year 1 transactions. 1-c. First, complete the table below to calculate the interest amounts. 1-d. Use those calculated values to prepare your journal entries for Year 2 transactions, 2. If Ohlm pledged its recelvables as security for a loan from the bank, where on the financial state of recelvables? Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries for Year 2 transactions. Journal entry worksheet 1-a. First, complete the table below to calculate the interest amount at December 3t, Year 1. 1-b. Use the calculated value to prepare your joumal entries for Year 1 transactions. 1-c. First, complete the table below to calculate the interest amounts. 1-d. Use those calculated values to prepare your journal entries for Year 2 transactions. 2. If Ohim pledged its recelvables as security for a loan from the bank, where on the financials of receivables? Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries for Year 2 transactions. Journal entry worksheet 7 9 10 Accepted a(n)$8,150,90-day, 8% note in granting a time extension on the past-due account receivable of Mulan Company. Note: Enter debits before credits. 1-a. First, complete the table below to calculate the interest amount at December 31, Year 1. 1-b. Use the calculated value to prepare your journal entries for Year 1 transactions. 1-c. First, complete the table below to calculate the interest amounts. 1-d. Use those calculated values to prepare your journal entries for Year 2 transactions. 2. If Ohim pledged its receivables as security for a loan from the bank, where on the financial statem of receivables? Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries for Year 2 transactions. Journal entry worksheet Accepted a(n) $2,100,30-day, 7% note in granting Ava Privet a time extension on her past-due account receivable. Note: Enter debits before credits. Journal entry worksheet \begin{tabular}{|l|l|l|lll} \hline 5 & 8 & 9 & 10 \\ \hline \end{tabular} Received Todd's payment of principal and interest on the note dated December 16. Note: Enter debits before credits. 1-a. First, complete the table below to calculate the interest amount at December 31, Year 1. 1.b. Use the calculated value to prepare your journal entries for Year 1 transactions. 1.c. First, complete the table below to calculate the interest amounts. 1.d. Use those calculated values to prepare your journal entries for Year 2 transactions. 2. if Ohim pledged its recelvables as security for a loan from the bank, where on the financial statem of recelvables? Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries for Year 2 transactions. Journal entry worksheet \begin{tabular}{llllll} 5 & 6 & 7 & 8 & 9 & 10 \end{tabular} Accepted a(n)$6,600,9%,90-day note in granting a time extension on the past-due account recelvable from Midnight Company. Note: Enter debits before credits. First, complete the table below to calculate the interest amounts. 1. Use those calculated values to prepare your journal entries for Year 2 transactions. If Ohim pledged its receivables as security for a loan from the bank, where on the financial st receivables? Complete this question by entering your answers in the tabs below. se those calculated values to prepare your journal entries for Year 2 transactions. Journal entry worksheet Received payment of principal plus interest from Mulan for the August 7 note. Note: Enter debits before credits. Journal entry worksheet Made an adjusting entry to record the accrued interest on the Todd note. Note: Enter debits before credits. Problem 7.5A (Algo) Analyzing and journalizing notes receivable tronsoctions LO C2, C3, P4 The following transactions are from Ohim Company. Note: Use 360 days a year: Yeor 1 Decenber 31 hase an adjusting entry to record the actrued intecest on the fodd note. Year 2 Pebruary 14 secelved Todd's peyment of principal and Incerast on the note dated Deceaber 16. April is Privet dishonared her hote. May 31 Hidalght Conpany dishonored its note. Aovenber s mecelved poynent of peincipal plus interest froe Mulan for the August 7 note. Decenter 1 Wrote off the Privet account agalnat the Altowance for obubtul accounts. Required: 1-0. First, complete the table below to calculate the interest amount at December 3t, Year 1. 1 b. Use the calculated value to prepare your journal entries for Year 1 transactions 1-e. First complete the table below to calculate the interest amounts 1-d. Use those calculated values to prepare your journal entries for Year 2 transactions 2 Ir Ohim pledged its receivables as security for a loan from the bank, where on the financial statenents does it disciose this pledge of recelvables? Complete this question by entering vour answers in the tabs below. Fint, complete the table below to calculate the interest amount at December 31 , Year 1. 1-b. Use the calculated value to prepare your journal entries for Year 1 transactions. 1.c. First, complete the table below to calculate the interest amounts. 1-d. Use those calculated values to prepare your journal entries for Year 2 transactions. 2. If Ohim pledged its recelvables as security for a loan from the bank, where on the financial of recelvables? Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries for Year 2 transactions. Journal entry worksheet
