ecember to Accepted a(n) $10,1e0,60day, . H\% note in granting Danhy Todd a time extension on his past-due account recetvable. gecember 31 Mode on adjusting entry to recond the scerued inkenest on the fodd note. Year 2 Rebruary. I4 frceived Toddts payment of princlpal and ihterest on the note doted Deocober 16. Mareh 2 Accepted a(n) S6;900, 7\$. pe-day, oote.sh granting a tireiextens Ioblom the past-due account recelvable froe Hunight Comparis? Moreh 17 Accepted a $2,609, 3a-day, The gote In granting Awa Prinnt p tine watens on on hep past-due account recefvable. April 16 Privet dlshenored hat note. Noy 31 . Midnight conppey dishooored ith note. Fiovenber 2 Aecefivd paynent af princt pal plas interest from Carson for the septenber 3 nate Nowember s Recelved poyment of principal plus interest fram Filan for the Augduct 7 note. Decebber: 1 vrote off the Privet accabot angsinst the Alhawance for odubtf al Accounts. Required: 1.6. Fist, complete the table below to calculate the interest amount at Deceraber 31, Year 1 1-b. Use the calculated value to prepare your joumal entries for Year 1 transactions: 1-c. First, completer the table below to calculate the interest amountsing 1-d. Use those calculated values to prepare your journal erities for Yalar 2 tramsal tions: 2. If Onlm pledged its recekabler as security for a loan frotn the barik, whereion the financhal statements does ir cisciose this pledge of recetivables? Complete this question by entering your answers in the tatrs befowe. Fins, compolete the table below in calculale the interent amount at December a3, Year 4 . Wecember 16 Accepted a(n) 510,100,60-day. Fh note In granting Danny Todd a cime extansian on his past-due account recelvable. becenter 31 . Made an adjosting entry to record the accicued interest an the lrodd note. Year 2 February 14 Recelved Todd"s payment of principal and Interest on the note datod becenber If. Mareb 2 Accepted a(n) 56,960,7, No-day nate In granting a time extension on the-past-tue account receivable fron Midnight Company- Warch 17 Accepted a 12,609,30-dny, 7% note in grabting Ava Privet a tine extenslon on heripast-dee account: recefvable. Aprit 16 privet dishonored her note. Fay 31 Midnight Compary ditsonored its note: Aunust 7 accepted o(a) 13,650, 90-tloy. Wh note In grancing a the extensiah on Ehe past-due account. recelvable of flulan company. Novenber 2 trecelved payment of pelnetgal plus interest froe Carsan for the Septenber 3 nete. Decenber 1 wrote off the Privnt account ogahnst the Allonance for boubtful Accountis, Pequired: 1.6. Firt, complete the rable below to calculate the interest amount at December 3t. Year, 1. 1-b. Use the calculated value to prepare your journal entries for Vear 1 transactions: 1-c. First complete the table below to calculate the interest amounts 1-d. Wse those colculated vaives to prepate your jourral entries fo Year 2 trartactions 2. if Onlm pledged its rechtvables as security foc a foan from the bank whece or the financha.

1. ecember to Accepted a(n) $10,1e0,60day, . H% note in granting Danhy Todd a time extension
on his past-due account recetvable. gecember 31 Mode on adjusting entry to recond the scerued
inkenest on the fodd note. Year 2 Rebruary. I4 frceived Toddts payment of princlpal and ihterest
on the note doted Deocober 16. Mareh 2 Accepted a(n) S6;900, 7$. pe-day, oote.sh granting a
tireiextens Ioblom the past-due account recelvable froe Hunight Comparis? Moreh 17 Accepted a
$2,609, 3a-day, The gote In granting Awa Prinnt p tine watens on on hep past-due account
recefvable. April 16 Privet dlshenored hat note. Noy 31 . Midnight conppey dishooored ith note.
Fiovenber 2 Aecefivd paynent af princt pal plas interest from Carson for the septenber 3 nate
Nowember s Recelved poyment of principal plus interest fram Filan for the Augduct 7 note.
Decebber: 1 vrote off the Privet accabot angsinst the Alhawance for odubtf al Accounts.
Required: 1.6. Fist, complete the table below to calculate the interest amount at Deceraber 31,
Year 1 1-b. Use the calculated value to prepare your joumal entries for Year 1 transactions: 1-c.
First, completer the table below to calculate the interest amountsing 1-d. Use those calculated
values to prepare your journal erities for Yalar 2 tramsal tions: 2. If Onlm pledged its recekabler
as security for a loan frotn the barik, whereion the financhal statements does ir cisciose this
pledge of recetivables? Complete this question by entering your answers in the tatrs befowe.
Fins, compolete the table below in calculale the interent amount at December a3, Year 4 .
Wecember 16 Accepted a(n) 510,100,60-day. Fh note In granting Danny Todd a cime extansian
on his past-due account recelvable. becenter 31 . Made an adjosting entry to record the accicued
interest an the lrodd note. Year 2 February 14 Recelved Todd"s payment of principal and Interest
on the note datod becenber If. Mareb 2 Accepted a(n) 56,960,7, No-day nate In granting a time
extension on the-past-tue account receivable fron Midnight Company- Warch 17 Accepted a
12,609,30-dny, 7% note in grabting Ava Privet a tine extenslon on heripast-dee account:
recefvable. Aprit 16 privet dishonored her note. Fay 31 Midnight Compary ditsonored its note:
Aunust 7 accepted o(a) 13,650, 90-tloy. Wh note In grancing a the extensiah on Ehe past-due
account. recelvable of flulan company. Novenber 2 trecelved payment of pelnetgal plus interest
froe Carsan for the Septenber 3 nete. Decenber 1 wrote off the Privnt account ogahnst the
Allonance for boubtful Accountis, Pequired: 1.6. Firt, complete the rable below to calculate the
interest amount at December 3t. Year, 1. 1-b. Use the calculated value to prepare your journal
entries for Vear 1 transactions: 1-c. First complete the table below to calculate the interest
amounts 1-d. Wse those colculated vaives to prepate your jourral entries fo Year 2 trartactions 2.
if Onlm pledged its rechtvables as security foc a foan from the bank whece or the financhal
statementu does it disciose this pledte of receivobien? Complete this question ty enterisg your
answrers in the tabs betow.

2. February 14 Received Todd's payment of principal and interest on the note dated Decenber 16.
Harch 2 Accepted a(n) 56,900,7%, 90-day note in granting a time extension on the past-due
account receivable from Hidnight Company March-17 Accepted a $2,690, 30-day, 7% note in
granting Ava Privet a time extension on her past-due account receivable. April 16 Privet
dishonored her note. May 31 Midnight Company dishonored its note. August 7 Accepted a( n)
$8,650, 90-day, 9% note in granting a time extension on the past-due account receivable af
Mulan Conpany. September 3 Accepted a $3,370,60-day, 11% note in granting Noah Carson a
tiee extension on his past-due account recelvable. November 2 Received payment of principal
plus interest from Carson for the September 3 note. November. 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 receivables as security for a loan from the bank, where on the financial
statements does it disclose 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. Note:
Do not round intermediate calculations.
ecember 31 Aade an adjusting entry to record the accrued interest on the Todd note. Year 2
February 14 Received Todd"s poynent of principal and interest on the note dated Decenber 16.
Harch 2 Accepted a(n)$6,900,7%, 90 -day note in granting a time extension on the past-due
account recelvable from Hidnight. compenty. March 17 Accepted a $2,600, 3e-day, 75 note in
granting Ava Privet a tine extension on her past-due account receivable. April 16 prlvet
dishonored her note. Hay 31 Midnight Company dishongred its note. August? Accepted a(n)
58,650 , St-day, 98 note in granting a the extension on the past-due account receivable of Mulan
Conpany. September 3 Accepted a $3,370, Ge-day, 11k note In granting Waah Carson a tine
extension on his past-due account receltable. Novenber 2 Received payment of principal plus
interest from carson for the stptenber 3 note. November 5 Received payment of peincipal plus
interest from Hulan for the August 7 note. Decowiter 1 Wrote off the Privet account agalnst the
Allowance for Doubtful Accounts. Required: 1-0. 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

3. entries for Year 1 transactions. 1-c. First, complete the table below to calculate the interest
amounts 1-d. Use those calculated values 10 prepare your journal entries for. Year 2 transactions.
2. If Onlm 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. If ohim pledged its reconivables as security for a loan from the bank,
where on the firanciat statements dooew it disciose this pledige of recetrables?