2. If OhIm pledged its recelvables as security for a loan from the bank, where on the financial statements does of recelvables? Complete this question by entering your answers in the tabs below. Use the calculated value to prepare your journal entries for Year 1 transactions. (Do not round intermedlate calcula Journal entry worksheet Accepted a $14,900,60-day, 9% note in granting Danny Todd a time extension on his past-due account receivable. Note: Enter debits before credits. Required: 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 statements does it disclose this plecige of recelvables? Complete this question by entering your answers in the tabs below. If Ohim pledged its recelvables as security for a loan from the bank, where on the finandal statementa does it disclose this pledge of recelvables? Journal entry worksheet Recelved Todd's payment of principal and interest on the note datod December 16. Note: Enter debits bafore credits: 2. If Ohlm pledged its receivables as security for a loan from the bank, where on the financial statements does of recelvables? Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your joumal entries for Year 2 transactions: 6 Accepted a(n)$9,000,90-day, 10% note in granting a time extension on the past-due account receivable of Mulan Company. 7 Accepted a(n) $3,630,60-day, 9% note in granting Noah Carson a time extension on his past-due account receivable. 8 Received payment of principal plus interest from Carson for the September 3 note. 9 Received payment of principal plus interest from Mulan for the August 7 note. 10 Wrote off the Privet account against the Allowance for Doubtful Accounts. 2. If Ohim pledged its receivables as security for a loan from the bank, where on the financial statements does of receivables? Complete this question by entering your answers in the tabs below. Use the calculated value to prepare your journal entries for Year 1 transactions. (Do not round intermediate calculati Journal entry worksheet Made an adjusting entry to record the accrued interest on the Todd note. Notei Enter debits before credits. August 7 Accepted o(n) $9,000, 9e-day, 105 note in granting a time extension on the past-due account receivable of Mulan Corpany. Septeaber 3 Accepted o $3,630, 60-day, 9 x note In granting Noah carson a tine extension on his psst-due account receivable. Novenber 2 Recelved psyment of principol plus interest fros Carson for the September 3 note. Noverber 5 Received payment of principal plus interest from Mulan for the August 7 note. December 1 Wrote off the Privet account against the Allowance for Doubtful Accounts. Required: 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 Onim pledged its recelvables as security for a loan from the bank, where on the financial statements does it disclose this pledg of recelvables? Complete this guestion by entering your answers in the tabs below. First, complete the table below to calculate the interest amounts. (Eo not round intermediate calculations) February 14 Received Todd's payment of principal and interest on the note dated December 16. March 2 Accepted a(n)$6,900,98, 90 -day note in granting a tise extension on the past-doe account recelvable froal Midnight conpony. March 17 Accepted a $2.700,30-day, 7x note in granting Ava Privet o tine extension on hen past-due account receivable. April 16 privet dishonored her note. May 31 Midnight Company dishonored lts note. August 7 Accepted a(n) $9,000, 90-day, 10 x note in granting a time exterision on the past-due account receivable of Hulan company. Septenber 3 Accepted a $3,630,60-day, 9x note in graniting Noah carson a time extension on his past-due account receivable. November 2 Received payment of principal plus interest from Carson for the Septenber 3 note. Novenber 5. Aeceived payment of principal plus interest from Mulan for the August 7 note. December 1 Hrote off the Privet account against the Allowance for Doubtful Accounts. Required: 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 Ohlm pledged its recelvables as security for a loan from the bank, where on the financial statements does it disclose this pledge of recelvables? Complete this question by entering your answers in the tabs below. First, complete the table below to calculate the interest amount at December 31 , Year 1. The following transactions are from Ohlm Company Note: Use 360 days a yeor. Yeor 1 Decenber 16 Accepted o(n)$14,900,60-day, 9 in note in gcanting oonny, fodd a tiwe extenslon on kis past-due account ceceivable, Decester 31 . Made en adjusting entry to record the accrued interost on the Tedd note. Year 2 February 14 inceived Todd's payment of principal and interest on the note doted Decenber 16. Morch 2 Accepted o(a) 95,800,9x, 90 -day note in granting o time extension on the past-duc occount recetvable fron Midnight company. March 17 Accepted a $2,700, 10-day, 7x note in grantiog Ava Privet a tine extersion on her past-due account recelvable. Apri1 16 Privet dishonored heri note. May 31 Midnigbt Company dishonored lts note. August 7 Accepted a(n) 59,900,90-day, 10x note in gcanting a time extension on the post-due account recelvable of Hulan company. Septenber 3 Accepted a $3,030, Go-doy, ox note in grantisg woah Carson o ties extension on his past -due account recelvable. Wovenben 2 Aeceived payent of principol plus interest from carson for the septenter 3 note. Novepber 5 . Received payent of principal plus Interest frow Mwion for the August? note. Decepber 1 Wrote off the Privet account against the Allowance for dowbtful Accounts? Required: 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 omounts. 1.d. Use those calculated values to prepare your journal entries for Year 2 transactions. 2. If Ohim pledged its receivables as secunity for a laan from the bank, where on the financial statements does it disclose this pledge of recelvables? Complete this question by entering your answers in the tobs below. First, complete the table below to calculate the interest amount at December 31, rear 1 . Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entries for Year 2 transactions. 1 Received Todd's payment of principal and interest on the note dated December 16. 2 Accepted a(n) $6,800,9%,90-day note in granting a time extension on the past-due account recelvable from Midnight Company. 3 Accepted a(n)$2,700,30-day, 7% note in granting Ava privet a time extension on her past-due account receivable. 4. Privet dishonored her note. 5 Midnight Company dishonored its