Check my work The following selected transactions are from Ohlm Company. 2016 Dec. 16 Accepted a $10,800, 60-day, 8 note dated this day in granting Danny Todd a time extension on his past-due account receivable. 31 2017 Feb. 14 Mar. 2 17 Apr. 16 May 31 July 16 Made an adjusting entry to record the accrued interest on the Todd note. Received Todd's payment of principal and interest on the note dated December 16. Accepted a $6,100, 8, 90-day note dated this day in granting a time extension on the past-due account receivable from Midnight Co. Accepted a $2,400, 30-day, 7 due account receivable. note dated this day in granting Ava Privet a time extension on her past- Privet dishonored her note when presented for payment. Midnight Co. refused to pay the note that was due to Ohlm Co. on May 31. Prepare the journal entry to charge the dishonored note plus accrued interest to Midnight Co.'s accounts receivable. Received payment from Midnight Co. for the maturity value of its dishonored note plus interest for 46 days beyond maturity at 8. Aug. 7 Accepted a $7,450, 90-day, 10% note dated this day in granting a time extension on the past-due account receivable of Mulan Co. Sep. 3 Nov. 2 Nov. 5 Accepted a $2,100, 60-day, 10 note dated this day in granting Noah Carson a time extension on his past-due account receivable. Received payment of principal plus interest from Carson for the September 3 note. 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. Requirement General Journal General Ledger Trial Balance Schedule of Calculation of Receivables Interest General Journal tab - Prepare the 2017 journal entries related to the notes and accounts receivable of Ohlm Co. Calculation of interest tab - Use the interest formula (P x R x T) to verify the amount of interest recorded in your entries. Verify that total interest revenue agrees with the trial balance. Requirement General Journal >