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The following transactions are from Ohlm Company (Use 360 days a year.) Year 1 Dec 16 Accepted . $12,400, 60.day. 7 note in grantine Day

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The following transactions are from Ohlm Company (Use 360 days a year.) Year 1 Dec 16 Accepted . $12,400, 60.day. 7 note in grantine Day Todd T extension on 31 hade 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. Har 2 Accepted a(n) 57,960, 7, 90-day note in granting a tine extension on the past.due account receivable from the co 17 Accepted a(m) 52,000, 30 day. 7 note in Brantin Ava Privettine extension on her past du account receivable Apr. 16 Privet dishonored her note May 31 Midnight Co. dishonored its note. Aug. 7 Accepted a(n) 36.750, 90-day. 101 note in granting time extension on the past due account receivable of Mulanco Sep. Accepted an) $2,730, 60 day. O note in ranting Noah Carson a time extension on his past due account receivable. Nov. 2 Received payment of principal plus interest from Carson for the September note. Nov. S Received payment of principal plus interest from Mulan for the August 7 note. Dec. 1 wrote off the privet account against the Allowance for Doubtful Accounts Required: 1-o. 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 statemen its does it disclose this pledge of receivables? Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 1C Required 10 Required 2 First, complete the table below to calculate the interest amount at December 31, Year 1. Total through Matrity Interest Recognized December 31 Required 1B >

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