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NEED HELP FILLING OUT GENERAL JOURNAL WITH ALL THIS INFORMATION ! Required information [The following information applies to the questions displayed below.] Tyrell Co. entered

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NEED HELP FILLING OUT GENERAL JOURNAL WITH ALL THIS INFORMATION

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! Required information [The following information applies to the questions displayed below.] Tyrell Co. entered into the following transactions involving short-term liabilities. Year 1 Apr. 20 Purchased $37,500 of merchandise on credit from Locust, terms n/30. May 19 Replaced the April 20 account payable to Locust with a 90-day, 9%, $35,000 note payable along with paying $2,500 in cash. July 8 Borrowed $51,000 cash from NBR Bank by signing a 120-day, 12%, $51, 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. Nov. 28 Borrowed $27,000 cash from Fargo Bank by signing a 60-day, 8%, $27,000 note payable. Dec. 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.2 3 4 5 6 7 8 Purchased $37,500 of merchandise on credit from Locust, terms n/30. Note: Enter debits before credits. Date General Journal Debit Credit Apr 20 Record entry Clear entry View general journal

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