July 8 Borroived $557,000 cash from NBR Bank by signing a 120-day, 112,$57,000 note payable. ?- Paid the anount due on the note to Locust at the maturity date. November - Paid the anount due on the note to NBR Bank at the maturity date. December 3 Borrowed $24,000 cash from Fargo Bank by signing a 60 -day, 98,$24,000 note payable. Year 2 -? Paid the anount 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. Journal entry worksheet 1 8 Paid the amount due on the note to NBR Bank at the maturity date. Note: Enter debits before credies. Tyrell Company entered into the following transactions involving short-term liabilities. Year 1 April 20 Parchased 540,000 of nerchandise on credit fron Locust, teras n/30. May 19 Replaced the Aprilt 20 account payable to Locust with a 99 -day, 74 , $35, eea note payable along with paying \$5, 0es in cash. July 8 Borrowed $57,000 cash fron Nbe Bank by signing a 120-day, 114,$57,000 note payable. -? - Paid the anount due on the note to Locust at the noturity date. ?. Paid the anount due on the note to Neh Bank at the maturity date. Novenber 28 Borroved $24, eee cash fron Fargo Bank by signing a 60-day, 9A, \$24, 0 ea note payable. Decenber 31 Pecorded an adjusting entry for accrued interest on the note to Fargo Bank. Year 2 - ? Pald the anount due on the note to fargo lank at the naturity date. 5. Prepare journal entries for all the preceding transactions and events. Note: Do not round your intermediate calculations. Inurnal antru worksheet Note: Enter debils Defore credits July 8 Borrowed $557,000 cash from NBR Bank by signing a 120-day, 11$,$57,000 note payable. -? Paid the amount due on the note to Locust at the maturity date. Novent- Paid the amount due on the note to NBR Bank at the maturity date. Novenber 28 Borrowed $24,000 cash from Fargo Bank by signing a 60 -day, 92,$24,000 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. 5. Prepare journal entries for all the preceding transactions and events. Note: Do not round your intermediate calculations. Journal entry worksheet 1 6 7 8 Paid the amount due on the note to Locust at the maturity date. Note: Enter debits before credits. Year 1 April 20 Purchased $40, eve of nerchandise on credit from Locust, terms n/30. May 19 Replaced the April 20 account payable to Locust with a 90 -day, 78 , 535,600 note payable atong with paying $5,0e0 in cash. July 8 Borrowed $57,000 cash from NBR Bank by signing a 120 -day, 11%,$57,000 note payable. -? - Paid the anount due on the note to Locust at the maturity date. Paid the amount due on the note to NBR Bank at the naturity date. Novenber 28 Borrowed $24,000 cash from Fargo Bank by 51 igning a 60 -day, 95,$24,000 note payable. Decenber 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. 5. Prepare journal entries for all the preceding transactions and events. Note: Do not round your intermediate calculations. Journal entry worksheet 1 2 3 4 5 6 7 Paid the amount due on the note to Fargo Bank at the maturity date. Note: Enter debits before credes. Year 1 Apr1l 20 Purchased $40,000 of merchandise on credit fron Locust, terms n/3e. May 19 Replaced the April 20 account payable to Locust with a 99 -day, 775,535, 000 note payable along with paying $5,000 in cash. Juty 8 Borrowed $57, 000 cash from NBR Bank by signing a 120-day, 115,557,000 note payabte. ? - Paid the anount due on the note to Locust at the moturity date. Paid the asount due on the note to NBh Bank at the auturity date. Noventer 28 Borrowed $24, eee cash fros Fargo Bank by signing a 60 -day, 9$,$24, eee note payable. Decenber 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Year 2 - - Paid the anount due on the note to Fargo Bank at the eaturity date. 5. Prepare journal entries for all the preceding transactions and events, Note: Do not round your intermediate calculations. Journal entry worksheet 1 2 3 4 5 6 8 > Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Note: enter debits betore condta. July 8 Borrowed $57,000 cash from NBR Bank by signing a 120 -day, 11 , $57,000 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. Novenber 28 Borrowed $24,000 cash from Fargo Bank by 5 igning a 60 -day, 9$,$24,000 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. 5. Prepare journal entries for all the preceding transactions and events. Note: Do not round your intermediate calculations. Journal entry worksheet 5 6 7 8 > Replaced the April 20 account payable to Locust with a 90 -day, 7%,$35,000 note payable along with paying $5,000 in cash. Note: Enter debits before credits. Year 1 Aprit 20 Purchased $40,000 of merchandise on credit from Locust, terns a/30. May 19 Replaced the April 20 account payable to Locust with a 90 -day, 74,535,000 note payable along with paying $5,000 in cash. July 8 Borrowed $57, ea cash from NBR Bank by signing a 120-day, 118,$57,000 note payable. - ? Paid the asount due on the note to Locust at the maturity date. ? - Paid the amount due on the note to Ner Bank at the maturity date. Novenber 28 Borrowed $24,000 cash fron Fargo Bank by signing a 60 -day, 94 , $24,000 note payable. December 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Year 2 - 7 - Poid the anount 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. Journal entry worksheet Borrowed $24,000 cash from Fargo Bank by signing a 60 -day, 9%,$24,000 note payable. Note: Enter snbits before credas. July 8 Borrved $557, 000 cash from NBR Bank by signing a 120-day, 118,557,000 note payable. - Paid the anount due on the note to Locust at the maturity date. Paid the anount due on the note to NBR Bank at the maturity date. Novenber 28 Borrowed $24,000 cash from Fargo Bank by signing a 60 -day, 94,$24,008 note payable. Decenber 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. 5. Prepare journal entries for all the preceding transactions and events. Note: Do not round your intermediate calculations. Journal entry worksheet 5678 Borrowed $57,000 cash from NBR Bank by signing a 120-day, 11%,$57,000 note payable. Note: Enter debits before credits