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The following selected transactions are from Ohlm Company Year 1 Dae. 16 Accepted a 510,800, 60-day. 8! nota in geanting Danny Todd a tine extension

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The following selected transactions are from Ohlm Company Year 1 Dae. 16 Accepted a 510,800, 60-day. 8! nota in geanting Danny Todd a tine extension on his past-the account receivable. Made an adjusting antay to record the accrued interest on the Todt nota Year 2 Feb. 14 Received Todd'a payment of peineipal and interest on the nata datad December 16. ME. 2 Accepted a 66,100. a. 90-day nata in geanting a tinentanales on the past-the account receivable from Midnight Co. 17 Accepted a 62,400, 30-day. 76 note in quanting Ava Peluat a time extension on her past-dua account Receivable Apr. 16 Privat dishonored has note. May 31 Midnight Co. dishonead ita note. Aug 7 Accepted a 67,450, 90-day. 106 note in geanting a tine extension on the past-dua account vacatwante of Malan Co. Sep 3 Accepted a 62, 100, 60-day. 100 nota in guanting Noah Cacao a ti tension on a past-the account receivable. Nov. 2 Received payment of principal plus interest from Carson for the September 3 sote. Nov. 5 Received payment of principal plus interest from Mulan for the August 7 ota. Dec. 1 Weate or the Privet account against the Allowance to Doubtful Accounts Requirement General Journal General Ledger Trial Balance Schedule of Calculation of Receivables Interest General Ledger Account Cash Account cevable Other No Debit Credit NO Debit Crot Date Jan 01 Balance 25,164 Date Jan 01 Balance 37.500 Accounts receivable - N. Carson Accounts receivable - Midnight Co. Date Debit Credit NO Debit Credit No Banco Date Jan 01 Balance 2.100 Accounts receivable - Mulan Accounts receivable- A Privat Debit Credit No Debit Credit NO Banco Date Jan 01 Balance 7.450 Date Jan 01 Notas rec-Todd NO Allowance for doubtful accounts Date Debit Credit Jan 01 NO Debit Credit Balance 3.500 Date 01 Balance 10.800 Interest receivable Debit Credit Merchandise inventory Det Creat No Balance NO Date Jan 01 Date 01 Balance 3.000 36 Owner's Capital NO Debit Credit Date Jan 01 Balance 93050

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