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please show work as well, thanks! Required information Problem 9-1A (Algo) Short-term notes payable transactions and entries LO P1 [The following information applies to the

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Required information Problem 9-1A (Algo) Short-term notes payable transactions and entries LO P1 [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 $39,000 of merchandise on credit from Locust, terus n/30. May 19 Replaced the April 20 account payable to Locust with a 90-day, 95, 535,000 note payable along with paying $4,000 in cash. July 3 Borrowed 357,000 cash from NBR Bank by signing a 120-day, 10, 557,000 note payable. Paid the amount due on the note to Locust at the maturity date. Pald the amount due on the note to MR Hank at the maturity date. My Nov. 28 Borrowed $24,000 cash from Fargo Bank by signing . 60.day, 03, 524.000 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. Answer is not complete. No Date Debit Credit 1 Apr 20 General Journal Merchandise inventory Accounts payable--Locust 39,000 39,000 2 May 19 39,000 Accounts payable--Locust Cash Notes payable-Locust 4.000 35.000 3 Jul 08 Cash Notes payable-NBR Bank 57.000 57 000 4 Aug 17 35 000 Notes payablo-Locust Interest expense Cash 788 35.788 > JU, 5 Nov 05 Interest expense Notes payable-NBR Bank Cash 1,900 57.000 00 58.900 6 Nov 28 Cash Notes payable-Fargo Bank 24.000 24,000 7 Dec 31 Interest exponse Interest payable 104 > 10483 8 Jan 27 Interest expense Notes payable --Fargo Bank Interest payable Cash 240 3 24.000 240

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