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lifa 1.lyryx.com/student-servlets/LabServlet?ccid=11218 Barton Corporation entered into the following transactions involving short-term liabilities during 2014 and 2015. Prepare journal entries to record these transactions for Barton
lifa 1.lyryx.com/student-servlets/LabServlet?ccid=11218 Barton Corporation entered into the following transactions involving short-term liabilities during 2014 and 2015. Prepare journal entries to record these transactions for Barton Corporation. Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered the format dd/mmm (i.e., January 15 would be 15/Jan). Round all amounts to the nearest cent. a. May 14 : Barton Corporation purchased merchandise from Segura Corporation for $31,000 under credit terms of 2/10,n/30. b. June 13: Segura Corporation was paid $17,000 cash and the remaining balance of $14,000 was replaced with a 60-day, 9% note. c. July 9 : Borrowed $39,000 from TD Bank by signing a 12%, 90-day note. d. ? Paid the note to Segura Corporation at maturity. : Paid the note to TD Bank at maturity. f. December 12: Signed a $39,000, 10%, 30-day note with Royal Bank. g. December 31: An adjusting entry of the accrual of interest on the note to Royal Bank was recorded. h. : The note to Royal Bank was paid at maturity. e. General Journal Account/Explanation Page Gj1 F Debit Credit Date + + di 12:27 AM 10/25/2021 12C Sunny @
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