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Aug Year 2 Feb. 14 Received Todd's payment of principal and interest on the note dated December 16. Mar. 2. Accepted a(n) 57,600, 8%, 90-day

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Aug Year 2 Feb. 14 Received Todd's payment of principal and interest on the note dated December 16. Mar. 2. Accepted a(n) 57,600, 8%, 90-day note in granting a time extension on the past due account receivable from Midnight Co. 17. Accepted a(n) $2,300, 30-day, 7 note in granting Ava Privet a time extension on her past-due account receivable Apr. 16 Privet dishonored her note. May 31 Midnight Co. dishonored its note 7 Accepted (n) 55, 250, 90 day, a note in granting time extension on the past due account receivable of Mulan Co. Sep. Accepted (m) 55,730, 60-day, 10% nate in granting Noah Carson a tint extension on his past-due account receivable. No. 2 Received payment of principal plus interest from Carson for the September 3 note. Nov. S Received payment of principal plus interest from Mulan for the August 7 note. Dec. 1 wrote off the Privet account against the Allowance for Doubtful Accounts. Required: 16. First, complete the table below to calculate the interest amount at December 31 Year 1 1-5. 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 16 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. Required 1A Required 10 Required 10 Required 1D Required 2 First, complete the table below to calculate the interest amount at December 31, Year 1. Total Through Maturity Recognized December 31 Principal Rate() Time Total interest Required 10 > Teor Dec 16 accepted a $11, see, e-day, s note in granting Danny Todd a time extension on his past-due account receivable 31 Made an adjusting entry to record the accrued interest on the Todd note Year 2 Feb 14 Received Todd's payment of principal and interest on the note dated December 15. ur. Accepted a) 7.200, e-day note in granting a time extension on the past-due account receivable from Song Co. 17 Accepted a() $2,2,3-day, 7 note in granting Ava Privet tire extension on her past-due account recevable r. 16 Privet dishonored her note May 31 Midnight Co. dishonored its note 7 accepted () $250.se-day. note in granting a tine extension on the past-due account receivable of Man Co. 3 Accepted an) 53,730, 0-day, note in granting Noah Carton a time extension in his past-due account receivable Now 2 received payment of principal plus interest from Carson for the September note Nov. Received payment of principal plus interest from Mulan for the August 7 note Dec. I wrote off the Priwt account against the Alicance for Doubtful Accounts. Required: 1. First, complete the table below to calculate the interest amount at December 31, Yeart 1-5. Use the calculated value to prepare your journal entries for Year 1 transactions. k. First, complete the table below to calculate the interest amounts 1. Use those calculated values to prepare your journal entries for Year 2 transactions 2. Ohim pledged its receivables as security for a loan from the bank, where on the financial statements does it disclose this pledge of recevables Complete this question by entering your answers in the tabs below. Required 2A Reguired 18 Required 10 Required ID Required 2 Use those calculated values to prepare your journal entries for Year 2 transactions View transaccionist Journal entry worksheet 1 3 5 6 10 > Received Todd's payment of principal and interest on the note dated December 16. before General Journal Debit Credit Ready Clear entry View general journal The following transactions are from Ohlm Company. (Use 360 days a year.) Year 1 Dec. 16 Accepted a $11, see, 68-day, 8% note in granting Danny Todd a time extension on his past-due account receivable. 31 Made an adjusting entry to record the accrued interest on the todd note. Year 2 Feb. 14 Received Todd's payment of principal and interest on the note dated December 16. Har 2 Accepted a(n) $7,000, sx, 90-day note in granting a time extension on the past due account receivable from Midnight Co. 17 Accepted a(n) $2,300, 30-day, 7% note in granting Ava Privet a time extension on her past-due account receivable. Apr. 16 Privet dishonored her note. May 31 Midnight Co. dishonored its note. Aug 7 Accepted a(n) $8,250, 90-day, note in granting a time extension on the past-due account receivable of Mulan Co. 3 Accepted a(n) $3,730, 60-day, 1ex note in granting Noah Carson a time extension on his past-due account receivable. 2 Received payment of principal plus interest from Carson for the September 3 note. Nov. 5 Received payment of principal plus interest from Mulan for the August 7 note. Dec. 1 wrote 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 Ohim pledged its receivables as security for a loan from the bank, where on the financial statements does it disclose this pledge of recelvables? Sep. Nov. Complete this question by entering your answers in the tabs below. Required IA Required 18 Required 10 Required ID Required 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? The pledge of receivables is shown in the

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