Help with required 1-2 please use correct format 

Problem 7-5AThe following transactions are from Ohlm Company.Analyzing and journalizingYear 1notes receivableDec. 16 Accepted a $10,800, 60-day, 8% note in granting Danny Todd a time extension on his past-duetransactionsC2 C3 P4account receivable.31 Made an adjusting entry to record the accrued interest on the Todd note.Year 2Feb. 14 Received Todd's payment of principal and interest on the note dated December 16.'Check Feb. 14. Cr. InterestRevenue. $108Mar. 2 Accepted a $6,100, 8%, 90-day note in granting a time extension on the past-due account re-ceivable from Midnight Co.17 Accepted a $2,400, 30-day, 7% note in granting Ava Privet a time extension on her past-dueaccount receivable.Apr. 16 Privet dishonored her note.May 31, Cr. Interest Revenue.May 31 Midnight Co. dishonored its note.$122Aug. 7 Accepted a $7,440, 90-day, 10% note in granting a time extension on the past-due accountreceivable of Mulan Co.Sep. 3 Accepted a $2,100, 60-day, 10% note in granting Noah Carson a time extension on his past-dueaccount receivable.Nov. 2, Cr. Interest Revenue,$35Nov. 2 Received payment of principal plus interest from Carson for the September 3 note.Nov. 5 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. Chapter 7 Accounting for ReceivablesRequired1. Prepare journal entries to record these transactions and events.Analysis Component2. If Ohlm pledged its receivables as security for a loan from the bank, where on the financial statementsdoes it disclose this pledge of receivables