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4140 The following transactions are from Ohlm Company. (Use 360 days a year.) Year 1 Dec. 16 Nocepted $10,700, 60-day, note in granting Danny Todd time extension on his past-due account receivable. 01 Made an adjusting entry to record the accrued interest on the Todd note. Year 2 Yeb. 14 Received Todd's payment of principal and interest on the note dated December 16. Mar. 2 Mecepted ain) $7,400, 91, 90-day note in granting a time extension on the past due account receivable from Midnight Co. 17 Nocepted a(n) #2,700, 30-day, 74 note in granting Ava Privet a time extension on her past-due necount receivable, Apr. 16 Privat dishonored ter note May 31 Midnight co. dishonored to note Aug. decepted a $3,200, 90-day, note in granting a tine extension on the past-duo account receivable of Malan 00. 3 ocopted an) 63,590, 60-day, 116 note in granting Noah Carson a the extension on hi pat-duo account receivable 2 Received payment of principal plus interest from Carson for the September ) note Nov. Received payment of principal plus interest fron Mulan for the August 7 note. Dee 1 Wrate of the Devet account against the Allowance for Doubtful Accounta. 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 ofreceivables? Tov View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 9 10 Received Todd's payment of principal and interest on the note dated December 16. se those View transaction list Journal entry worksheet 1 3 5 2 6 8 9 7 10 Accepted a(n) $7,400, 9%, 90-day bote in granting a time extension on the past-due account receivable from Midnight Co. Journal entry worksheet