Required information Problem 9-1A (Algo) Short-term notes payable transactions and entries LO P1 [The following information opplies to the questions displayed below.] Tyrell Company entered into the following transactions involving short-term liabilities. Year 1 April 20 Purchased $35,500 of nerchandise on credit from Locust, terns n/3a. May 19 Replaced the April 20 account payable to Locust with a 90 -day, 8t,535,600 note payable along with paying 3500 in cash. July 8 Borremed 560 , 600 cash from NBR Bank by signing a 120 -day, 1e5, 560 , 000 note payable. - Paid the anount due on the note to Locust at the maturity date. Novenber 28 Paid the amount due on the note to lish Bank at the maturity date. Decenber 31 Recorded an adjusting entry for accroed interest on the note to Farge Bank. payable. Year 2 - Paid the atount due on the note to Fargo Bank at the maturity date. Problem 9-1A (Algo) Part 5 Prepare journal entries for all the preceding transactions and events. (Do not round your intermediate caiculations.) Aequired intormation \&Prev 5 of 11 MIt Next >