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current liabilities 1 Required information [The following information applles to the questions displayed below.] Tyrell Company entered into the following transactions involving short-term liabilities. Year

current liabilities 1

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Required information [The following information applles to the questions displayed below.] Tyrell Company entered into the following transactions involving short-term liabilities. Year 1 April 20 Purchased $38,500 of merchandlse on credit from Locust, teras n/30. May 19 Replaced the April 20 account payable to Locust with a 90-day, 78, \$35,000 note payable along with paying $3,500 in cash. July 8 Borrowed $60,000 cash from NBR Bank by signing a 120-day, 118, $60,000 note payable. - Paid the anount due on the note to Locust at the maturity date. Novenber 28 Borrowed $27,000 cash from Fargo Bank by signing a 6e-day, 6\%, \$27, 060 note payable. December 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Year 2 -? Paid the amount due on the note to Fargo Bank at the maturity date. Required: 1. Determine the maturity date for each of the three notes described

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