Problem 9.5A Analyzing and journalizing notes recelvable transactions C2C3P4 Check Feb. 14, Cr. Interest Reveriue, $ tog Mey 31. Cr. Interest Revenue. $122 Nov. 2, Cr. Interest Revenue, $35 The following transactions are from Ohlm Company. Year 1 Dec. 16 Accepted a $10,800,60-day, 8% note in granting Danny Todd a time cxtension 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. Mar. 2 Accepted a $6,100,8%,90-day note in granting a time extension on the past-due account receivable from Midnight C0. 17 Accepted a \$2,400, 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 $7,440,90-day, 10% note in granting a time extension on the past-due account receivable of Mulan Co. Sep. 3 Accepted a \$2,100, 60-day, 10% note in granting Noah Carson a time extension on his past-due account receivable. Nov. 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 Doubtul Accounts. Required 1. Prepare joumal entries to record these transactions and events. Analysis Component 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