Bentley Inc. entered into the following transactions involving short-term liabilities during 2014 and 2015. Prepare journal entries to record these transactions for Bentley Inc. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (i.e., January 15 would be 15/Jan). Round all amounts to the nearest cent. a. April 25 : Bentley Inc. purchased merchandise on credit from Courtland Corp., terms 2/30, n/60, $24,000. b. June 24 : $12,000 cash was paid to Courtland Corp. and the remaining balance of $12,000 was replaced with a 60-day, 11% note. C. July 16 : Borrowed $21,000 from Scotia Bank by signing a 11%, 30-day note. d ? Paid the note to Scotia Bank at maturity 2 Paid the note to Courtland Corp. at maturity f. December 21 : Borrowed $29,000 from Royal Bank by signing a 12%, 60-day note. g. December 31 : Recorded an adjusting entry of the accrual of interest on the note to Royal Bank. h Paid the note to Royal Bank at maturity. e 2 General Journal Account/Explanation Page Gj1 Credit Date F Debit + =