4 075 223057 The following transactions are from Ohim Company (Use 360 days a year.) Year 1 December 16 Accepted a(n) $14,500, 60-day, note in granting Denny Todd a time estansion on his past due account receivable. December 31 Made an adjusting entry to record the attrued interest on the Todd rate. Year 2 Fatruary 14 Received fodd's payeent of principal and interest on the note dated December 16. March 2 Accepted a(n) 16, 108, 95, 90-day note in grading a ti Company tersian on the past-due account receivable from Midnight March 17 Accepted a $1,700, 30-day, 7% note in granting Ava Privet a tio extension for past-due account receivable. April 16 Privat dishonored har note. May 11 Midnight Company dishonored its aste, August 7 Accepted a(n) $7,350, se-day, 8 sete in granting time extension on the past due account receivable of Mulan Company. Septar Accepted $2,320, 60-day, te in granting Nosh Carson time extension his past due account receivable. November November December Required: Received payment of principal plus interest from Carson for the Septembar 3 nite. Received payment of principal plus interest from Mulan for the August 7 t rete off the Privet account against the Allowance for Doubtful Accounts. 1-e. 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 pledge of receivables? Graw Complete this question by entering your answers in the tabs below. Required 1A Required 10 Required IC Required 10 Required 2 Check my work 02:30:20 Book P 2. If Ohlm pledged its receivables as security for a loan from the bank, where on the financial statements does it disclose this pledge of receivables? Complete this question by entering your answers in the tabs below. Deferences Required 1A Required 18 Required 1C Required ID Required 21 Mc Graw First, complete the table below to calculate the interest amount at December 31, Year 1. Total Through Maturity Interest Recognized December 31 Principal Rate (%) Time Total interest Required 18 > Prev 4 of 4 Next 075 points 02:30:04 View transaction list Journal entry worksheet 2 eBook Accepted a $14,500, 60-day, 9% note in granting Danny Todd a time extension on his past-due account receivable. Print References Note: Enter debits before credits. General Journal Debit Credit Date December 16 Record entry Clear entry View general journal 4 075 points Unim pieaged its receivabies as security for a loan from the bank, where on the financial statements goes it disclose this pieage of receivables? Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required IC Required 10 Required 2 02:29:46 etlook Pr References First, complete the table below to calculate the interest amounts. (Do not round intermediate calculations.) Midnight Company Note March 2, Year 2 Total Through Maturity A. Privet Note - March 17, Year 2 Mulan Note- August 7, Year 2 N. Carson Note- September 3, 2017 Principal Rate (%) Time Total interest 29 24 1-8. 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 pledge of receivables? Complete this question by entering your answers in the tabs below. Dook Required 1A Required 18 Required 1C Required 10. Required 2 www ces If Ohim pledged its receivables as security for a loan from the bank, where on the financial statements does it disclose this pledge of receivables? The pledge of receivables is shown in the