Problem 9.5A (Algo) Analyzing and journalizing notes receivable transactions LOC2,C3,P4 The following transactions are from Ohim Company. Note: Use 360 days a year. Year 1 Decenber 16 Accepted a(n) $11,800,60day,97 note in granting Danny Todd a time extension on his past-due account receivable. Decesber 31 Made an adjusting entry to record the accrued interest an the Todd note. Year 2 February 14 Received Todd's paynent of principal and interest on the note dated Deceeber 16. March 2 Accepted a(n)$6,80e,95, 90 -day note in granting a tine extension on the past-due account receivable from Midnitht Company. March 17 Accepted a 32,6ee, 3e-day, 7X note in granting Ava Privet a time extension on her past-due account receivable. April 16 privet dishonored her note. May 31 Midnight Company dishonoced its note. August 7 Accepted a(n) 37,8ee, 99-day, 118 note in granting a time extension on the past-due account recelvable of Mulan Company. Soptember 3 Accepted a 52,030,60-day, 118 note in granting Noah Carson a tive extension on his past-due account peceivable. Noveaber 2 Received payment of principal plus interest from Carson for the Septesber 3 note. Aovesber 5 Received payment of principal plus interest from Mulan for the August 7 note. Decenber 1 Nrote off the Privet account ogainst the Alsowance for Doubtful Accounts. Septenber 3 Accepted a $2,630,60-day, 11% note in granting Noah carson a time extensian on his past-due account receivable. November 2 Received payment of principal plus interest fron Carson for the Septenber 3 note. Novenber 5 Received payment of principal plus interest from Mulan for the August 7 note. December 1 Wrote off the Privet account against the Allowance for Doubtful Accounts. 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 recelvables as security for a loan from the bank, where on the financial statements does it disciose this pledge of receivables? 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 pled of receivables? Complete this question by entering your answers in the tabs below. 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