Check my work GL0701 - Based on Problem 7-5A LO C2, C3, P4 The following selected transactions are from Parker Company, Year 1 Dec. 16 Accepted a $24,000, 60-day, 12t note in granting Jim Ohlm a time extension on his past-due account receivable. 31 Made an adjusting entry to record the accrued interest on the Ohlm note. Year 2 Feb. 14 Received Ohlm's payment Iof principal and interest on the note dated December 16. Mar. 2 Accepted a $9,000, 68, 90-day note in granting a time extension on the past-due account receivable from Clark Co. 17 Accepted a $16,200, 30-day, 108 note in granting Sarah Walker a time extension on her past-due account receivable. Apr. 16 Walker dishonored her note. May 31 Clark Co. dishonored its note. Aug. 7 Accepted a $10,000, 90-day, 129 note in granting a time oxtension on the past-due account receivable of Lee Co. Sep. Accepted a $13,800, 60-day, 108 note in granting Isaac Carter a time extension on his past-due account receivable. Nov 2 Received payment of principal plus interest from Carter for the September 3 note. Nov. 5 Received payment of principal plus interest from Lee for the August 7 note. Dec. 1 Wrote off the Walker account against the Allowance for Doubtful Accounts. General Requirement General Trial Balance Schedule of Calculation of Journal Ledger Receivables Interest Prepare the journal entries related to notes receivable and accounts receivable. Hint: Use the "Calculation of Interest" tab to ensure the accuracy of your entries. View transaction list . Par LITE JUUTTA! CITLICS I CIOLCU LU HULCS I CLIVOVIC anu LLUITLO I CLEIVAVIE. HIL. sure the accuracy of your entries. Wiew transaction list Journal entry worksheet