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Problem 7-5A Analyzing and Journalizing notes recelvable transactlons LO C2, C3, P4 The following selected transactions are from Ohlm Company. (Use 360 days a year.) 2016 Dec. 16 Accepted a $11,400, 60-day, 6 note dated this day in granting Danny Todd a time extension on his past-due account receivable 31 Made an adjusting entry to record the accrued interest on the Todd note. 2017 Feb. 14 Received Todd' s payment of principal and interest on the note dated December 16 Mar 2 Accepted a (n) $6,200, 6, 90-day note dated this day in granting a time extension on the past-due account receivable from Midnight Co 17 Accepted a (n) $2,600, 30-day, 7% note dated this day in granting Ava Privet a time extension on her past-due account receivable Apr. 16 Privet dishonored her note when presented for payment May 31 Midnight Co. refused to pay the note that was due to Ohlm Co. on May 31. Prepare the journal entry to charge the dishonored note plus accrued interest to Midnight Co.'s July 16 Received payment from Midnight Co. for the maturity value of its dishonored note plus Aug. 7 Accepted a (n) $8,100, 90-day, 98 note dated this day in granting a time extension on the Sep. 3 Accepted a (n) $3,290, 60-day, 10% note dated this day in granting Noah Carson a time accounts receivable interest for 46 days beyond maturity at 68 past-due account receivable of Mulan Co extension on his past-due account receivable Nov. 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