for company entered into the following transactions involving current liar handise on credit from Ferris Inc. for $144, eee. The terms 1/2.30 (sum perpetual Inventory system) 197, cash and replaced the $117,000 remaining balance of the account to Per Inc. with 55, 6e-day note payable. $127.0 Prow Scotiabank by signing a 4.5%, 90-day note. Pake the note to Ferris Ine. at maturity. add the note to Scotiabank at maturity. 5 A $100,000 and signed a 5.258, 120-day note with National Bank. 31 decorded an adjusting entry for the accruel of interest on the note to National Bank. Pald the more to National Bank at maturity. me the maturity dates of the three notes just desc Scotiabank hetho 18 les for each of the preceding dates. (Use 365 days in year. Do not round Interme a to z decimal places:) Journal entry worksheet w the purchase of merchandise on credit. Debit Credit