modern

Zing Cell Phone Company entered into the following transactions involving current liabilities during 2023 and 2024 2023 Mar. 14 Purchased merchandise on credit from Ferris Inc. for $146,000. The terms were 1/10,n/30 (assume a perpetual inventory system). Apr. 14 Zing paid $28,600 cash and replaced the $118,000 remaining balance of the account payable to Ferris Inc. with a 44,60-day note payable. May 21 Borrowed $128,600 from Scotiabank by signing a 3.5\%, 90-day note. ? Paid the note to Ferris Inc. at maturity. ? Paid the note to Scotiabank at maturity. Dec. 15 Borrowed $103,600 and signed a 4.25K,120-day note with National 8ank. Dec. 31 Recorded an adjusting entry for the accrual of interest on the note to National Bank. 2024 ? Paid the note to National Bank at maturity. Required: 1. Determine the maturity dates of the three notes just described. Journal entry worksheet 4 5 6 Record the purchase of merchandise on credit. Note: Enter debits before credits