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acenber 16 Accepted a(n) $10,800, 60-day, 98 note in granting Danny Todd a tine extension on his past-due account receivable. ecenber 31 Made an adjusting

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acenber 16 Accepted a(n) $10,800, 60-day, 98 note in granting Danny Todd a tine extension on his past-due account receivable. ecenber 31 Made an adjusting entry to record the accrued interest on the Todd note. ear 2 Cebruary 14 Received Todd's payment of principal and interest on the note dated December 16. March 2 Accepted a(n)$6,860, 94, 90 -day note in granting a time extension on the past-due account receivabte from Midnight Company, March 17 Accepted a $3,800, 30-day, 74 note in granting Ava Privet a time extension on her past-due account receivable. April 16 Privet dishonored her note. May 31 Midnight Conpany dishonored its note. August 7 Accepted a(n) 57,800 , 96-day, 10% note in granting a tine extension on the past-due account receivable of Mutan Company. Septeaber 3 . Accepted a $3,776,60-day, 118 note in granting Noah Carson a tine extension on his past-due account receivable. November 2 Received payment of principal plus interest from Carson for the Septenber 3 note. Novenber 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 Doubtfut 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 prepore your journal entries for Year 1 transactions. i-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 statements does it disciose this plecge pf receivables? First, complete the table below to calculate the interest amount at December 31 , Yea First, complete the table below to calculate the interest amounts. (Do not round intermediate

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