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please do part d where it asks fo complete the journal entries. thank you The following transactions are from Ohlm Company. (Use 360 days a

please do part d where it asks fo complete the journal entries. thank you image text in transcribed
The following transactions are from Ohlm Company. (Use 360 days a year.) Year 1 December 16 Accepted a(n) $10,800,60-day, 88 noto in granting Danny Todd a timo extension on his pallt-due account receivable. Decenber 31 Made an adjusting entry to record the accrued interest on the Todd note. Year 2 Tobruary 14 Received Todd's payment of prineipal and interest on the note dated December 16. March 2 Accepted a(n) $6,900, 88, 90-day note in granting a tine extension on the past-due accoant receivable from Midnight Conpany. Kareh 17 Accepted a $3,200, 30-day, 71 note in granting Ava Privet a time extension on her past-due account receivable. April 16 Privet dishonored ber note. May 31 Midniqht Conpany dishonored its note. August 7 Accepted a(n) $7,800,90-day, 108 note in granting a time extension on the pant-due acecunt recelvable of Mulan Conpany. Soptenber 3 Accepted a $2,700,60-day, 11 s 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. Deceaber 1 wrote oft the Privet account against the Allowance for Doubtfal Accounts. Required: 1-a. First, complete the table below to caiculate the interest amount at Decembe31, 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 recelvables as security for a loan from the bank, where on the financial statements does it disclose this pledge of recelvables

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