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The following selected transactions are from Ohlm Company. (Uke 260 days a year) 2016 Dec 16 Accepted $10,, 60-day, 8 note dated this day in

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The following selected transactions are from Ohlm Company. (Uke 260 days a year) 2016 Dec 16 Accepted $10,, 60-day, 8 note dated this day in granting Danny Todd a tine extension on his past-due account receivable. 31 Made an adjusting entry to record the accrued interest on the Todd note. M 2017 Feb. 14 Received Todd's payment of principal and Interest on the note dated December 16. 2 Accepted a $6,180, 8X, 90-day note dated this day in granting a tine extension on the past-due account receivable Midnight Co 17 Accepted a $2,400, 30-day, 7 note dated this day in granting Ava Privet a tine extension on her past-due account receivable Apr 16 Privet dishonored her note when presented for payment. May Midnight Co. refused to pay the note that was due to Oh In Co. on May 11. Prepare the Journal entry to charge the dishonored note plus accrued interest to Midnight Co.'s accounts receivable. July 16 Received payment from Midnight Co. for the maturity value of its dishonored note plus interest for 46 days beyond turity at B AUS 7 Accepted a $7.45e, 90-day, 14 note dated this day in granting a time extension on the past-due account receivable of Man Ses NO. NO. Dec. 3 Accepted a $2,100, Ge-day, 101 note dated this day in granting Noah Carson line extension on his past due account receivabi 2 Received payment of principal plus interest from Carson for the September 5 Received payment of principal plus interest from Mulan for the August 7 note. 1 wrote off the Privet account against the Allowance for Doubtful Account Required: 1. First complete the table below to calculate the interest amount at December 31, 2016, 1b. Use the calculated value to prepare your journal entries for 2016 transactions. 1. First, complete the table below to calculate the Interest amounts 1-d. Use those calculated values to prepare your journal entries for 2017 transactions Complete this question by entering your answers in the tabs below. Ae Required ID Required IC Required in Fire complete the table below to calculate the interest amount at December 31 2016 Hota Matum interest recognized December Principe

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