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journal entries for all the preceding transactions and events [The following information applies to the questions displayed below.] Tyrell Company entered into the following transactions
journal entries for all the preceding transactions and events [The following information applies to the questions displayed below.] Tyrell Company entered into the following transactions involving short-trm llabilities. Year 1 April 20 Purchased $39,500 of merchandise on credit from Locust, terms n/30. May 19 Replaced the Apri1 20 account payable to tocust with a 90 -day, 98,$35,000 note payable along with paying $4,500 in cash. July 8 Borrowed $66,000 cash from NBR Bank by signing a 120 -day, 10s, $66,000 note payable. paid the amount due on the note to Locust at the maturity date. paid the amount due on the note to NBR Bank at the maturity date. November 28 Borrowed $27,000 cash from Fargo Bank by gigning a 60 -day, 72,$27,000 note payable. Decomber 31 Recorded an adjusting entry for acerued interest on the note to Fargo Bank. Year 2 Paid the amount due on the note to Fargo Bank at the maturity date. 5. Prepare journal entries for all the preceding transactions and events, Note: Do not round your intermediate calculations
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