The foulowing transactions are from Orim compary (use 360 days a year.) bever 1 receivahle. Vear 2 Feteruaty 34 Raceived Toda'y paysent of prinedpal and Intereat on the note datad Decenbar 16, Kianight Cotpany, mareh I1 Mecuptnd a B3,400, 30-day, Th noce in pratiag Ava privet a tine extenaton on her past-ian kecuate apoil is privet diahonored har aote. May 31 midnipht Coepany diafoctered its note. Malan coepany . receivablen Nownober 3 . Recesived payatent of prinelpal plus Intereat froa Carson for the fepteaber. 1 cote. Pecenter 1 Mrote off the Privet aocount agalnat the Allowance fos Doubt ful Mocoubte. Reguiltred: 1.a. First. complete the toble below to calculate the interest amount at December 31 , Year 1. H. Use the calculeted volue to prepare your journal entries for Yoar 1 transacticns. 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 transactiom: 2. If Chim pledped its receivables as security for a loan from the bank, where on the finaricial stateme tits does if discicse this piecge of recoivibles? 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 of receivables? Complete this question by entering your answers in the tabs below. First, complete the table below to calculate the interest amount at December 31 , Year 1 . Uhe the calculated value to prepare your joumal entries for Year I transactions. (Do not reynd intermediote caicularnna) Journal entry worksheet Accepited a $14,000,60-day, 6% note in granting Danny Todd a time extensibn an his past-due account recelvable. Use the caiculated value to prepare your journal entries for Yoar 1 transactions. foo not round intarmesiate caiculatilfs. Journal entry worksheet Made an adjusting entry to record the accrued interest on the Todd note. Move font sehist sefore tresets. 1.b. Use the calcuiated value to prepare your journai entries tor Year 1 transactions. 1-c. First, complete the table below to calculate the interest amounts 1.d. Use those calculated values to prepare your joumal entries for Yeor 2 transactions. 2. If Ohim pledged is recelvables as security for a loan from the bank, where on the financial statements does it disciose this pledge of recelvables? Complete this question by entering your answers in the tabs below. First, complete the table below to calculate the interest amounts. (Do not round intermediate calculations.) Use those calcuiated values to prepare your journal entries for year 2 tranesctions Journal entry worksheet 3 4. 5 E. 7 0 10 Received Todd's payment of principal and interest on the note dated December 16. Aste: Enter debits tiefore creatsi Journal entry worksheet 3 56 (1) 10 Accrgted a(n) 57,100,6%,90-day note in granting a time exterision on the past-due aceount recelvable from Midnight Company detats twefur trader. Use those calculased values to prepare your journal entries for Year 2 transactions Journal entry worksheet 5578010 Accepted a(n) $3,400,30-day, 7ew note in granting Aya Privet a time extension on her past-due account receivable. kable Erent grtats thefsere creadic. Wsa thote caiculated valuest to prepare your fournal entries for Year 2 transacticen Journal entrv wnrleshaat Use those caiculated values to prepare your journal entnes for Year 2 transactiens. Tanamanal awhesa saaneledhant Use those calculated values to pregare your journal entries for Year 2 transactions. Journal entry worksheet 1234578910 Accepted a(n) 57,750,90-day, 8% note in granting a time extension on the past-due account receivable of Mulan Company. Notei Emter debits before credits. Use those calculated values to prepare your joumal entries for Yoar 2 transactions, Journal entry worksheet 123456 8910 Accepted a(n) 52,010,60-day, 994 note in granting Noah Carson a time extension on his past-due account recelvable. note: Enter debits before credits. Wae thoer ialculatea waves to prebbre vour jouenal entrics for Year 2 traeisactions. Journal entry worksheet Received payment of principat plus interest from Carson for the September 3 noti. Jse thoee calculated values to pregare your joumal emtries for Year 2 transactons Journal entry worksheet 42345678 10 Aeceived payment of principal plus Interest from Mulan for the August 7 nete. Wrte inter dehts before credts. Journal entry worksheet Wrote of the Privet account against the Allowance for Doubtfut Accounts. Hote fritar deban Eefore credits. rnearivalele. Requiredt T-a. First, complete the table beiow to calculate the interest amount at December 3t. Year 1. 1.b. Use the calculated value to prepare your journal entries for Year 1 transactions. 1-c. Fifst, complete the table below to calculate the interest amounts. 1.d. Use those calculated values to prepare your journal entries for Year 2 trarisactions. 2. If Ohim pledged its recelvobles as security for a loan from the bank, whore on the financial staternenti e. a foricte t af receivables? Complete this question by entering your answers in the tabs below. If Ohim pledged its receivables as securty for a loan from the bank, where on the financial htatenents does it disciose this The foulowing transactions are from Orim compary (use 360 days a year.) bever 1 receivahle. Vear 2 Feteruaty 34 Raceived Toda'y paysent of prinedpal and Intereat on the note datad Decenbar 16, Kianight Cotpany, mareh I1 Mecuptnd a B3,400, 30-day, Th noce in pratiag Ava privet a tine extenaton on her past-ian kecuate apoil is privet diahonored har aote. May 31 midnipht Coepany diafoctered its note. Malan coepany . receivablen Nownober 3 . Recesived payatent of prinelpal plus Intereat froa Carson for the fepteaber. 1 cote. Pecenter 1 Mrote off the Privet aocount agalnat the Allowance fos Doubt ful Mocoubte. Reguiltred: 1.a. First. complete the toble below to calculate the interest amount at December 31 , Year 1. H. Use the calculeted volue to prepare your journal entries for Yoar 1 transacticns. 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 transactiom: 2. If Chim pledped its receivables as security for a loan from the bank, where on the finaricial stateme tits does if discicse this piecge of recoivibles? 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 of receivables? Complete this question by entering your answers in the tabs below. First, complete the table below to calculate the interest amount at December 31 , Year 1 . Uhe the calculated value to prepare your joumal entries for Year I transactions. (Do not reynd intermediote caicularnna) Journal entry worksheet Accepited a $14,000,60-day, 6% note in granting Danny Todd a time extensibn an his past-due account recelvable. Use the caiculated value to prepare your journal entries for Yoar 1 transactions. foo not round intarmesiate caiculatilfs. Journal entry worksheet Made an adjusting entry to record the accrued interest on the Todd note. Move font sehist sefore tresets. 1.b. Use the calcuiated value to prepare your journai entries tor Year 1 transactions. 1-c. First, complete the table below to calculate the interest amounts 1.d. Use those calculated values to prepare your joumal entries for Yeor 2 transactions. 2. If Ohim pledged is recelvables as security for a loan from the bank, where on the financial statements does it disciose this pledge of recelvables? Complete this question by entering your answers in the tabs below. First, complete the table below to calculate the interest amounts. (Do not round intermediate calculations.) Use those calcuiated values to prepare your journal entries for year 2 tranesctions Journal entry worksheet 3 4. 5 E. 7 0 10 Received Todd's payment of principal and interest on the note dated December 16. Aste: Enter debits tiefore creatsi Journal entry worksheet 3 56 (1) 10 Accrgted a(n) 57,100,6%,90-day note in granting a time exterision on the past-due aceount recelvable from Midnight Company detats twefur trader. Use those calculased values to prepare your journal entries for Year 2 transactions Journal entry worksheet 5578010 Accepted a(n) $3,400,30-day, 7ew note in granting Aya Privet a time extension on her past-due account receivable. kable Erent grtats thefsere creadic. Wsa thote caiculated valuest to prepare your fournal entries for Year 2 transacticen Journal entrv wnrleshaat Use those caiculated values to prepare your journal entnes for Year 2 transactiens. Tanamanal awhesa saaneledhant Use those calculated values to pregare your journal entries for Year 2 transactions. Journal entry worksheet 1234578910 Accepted a(n) 57,750,90-day, 8% note in granting a time extension on the past-due account receivable of Mulan Company. Notei Emter debits before credits. Use those calculated values to prepare your joumal entries for Yoar 2 transactions, Journal entry worksheet 123456 8910 Accepted a(n) 52,010,60-day, 994 note in granting Noah Carson a time extension on his past-due account recelvable. note: Enter debits before credits. Wae thoer ialculatea waves to prebbre vour jouenal entrics for Year 2 traeisactions. Journal entry worksheet Received payment of principat plus interest from Carson for the September 3 noti. Jse thoee calculated values to pregare your joumal emtries for Year 2 transactons Journal entry worksheet 42345678 10 Aeceived payment of principal plus Interest from Mulan for the August 7 nete. Wrte inter dehts before credts. Journal entry worksheet Wrote of the Privet account against the Allowance for Doubtfut Accounts. Hote fritar deban Eefore credits. rnearivalele. Requiredt T-a. First, complete the table beiow to calculate the interest amount at December 3t. Year 1. 1.b. Use the calculated value to prepare your journal entries for Year 1 transactions. 1-c. Fifst, complete the table below to calculate the interest amounts. 1.d. Use those calculated values to prepare your journal entries for Year 2 trarisactions. 2. If Ohim pledged its recelvobles as security for a loan from the bank, whore on the financial staternenti e. a foricte t af receivables? Complete this question by entering your answers in the tabs below. If Ohim pledged its receivables as securty for a loan from the bank, where on the financial htatenents does it disciose this