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March 1 7 Accepted a $ 2 , 1 0 0 , 3 0 - day, 7 8 note in granting Ava Privet a time

March 17 Accepted a $2,100,30-day, 78 note in granting Ava Privet a time extension on her past-due account receivable.
April 16 Privet dishonored her note.
May 31 Midnight Company dishonored its note.
August 7 Accepted a(n)$7,250,90-day, 98 note in granting a time extension on the past-due account receivable of Mulan Company.
September 3 Accepted a $3,110,60-day, 118 note in granting Noah Carson a time extension on his past-due account receivable.
November 2 Received payment of principal plus interest from Carson for the September 3 note.
November 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-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 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 1B
Required 1C
Required 1D
Required 2
First, complete the table below to calculate the interest amounts. (Do not round intermediate calculations.)
\table[[,Total Through Maturity,],[,\table[[Midnight],[Company Note],[- March 2, Year]],\table[[A. Privet Note],[- March 17,],[Year 2]],\table[[Mulan Note -],[August 7, Year],[2.]],\table[[N. Carson],[Note -],[September 3,],[2017]]],[Principal,,,,],[Rate (%),,,,],[Time,,,,],[Total interest,,,,]]
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