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Required information [The following information applies to the questions displayed below] Tyrell Company entered into the following transactions involving short-term llabilities. Year 1 Apri1 20

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Required information [The following information applies to the questions displayed below] Tyrell Company entered into the following transactions involving short-term llabilities. Year 1 Apri1 20 Purchased $35,500 of merohandine on oredit from Locust, terms n/30. Nay 19 Replaced the April 20 account payable to Locunt with a 90 -day, 84,$35,000 note payable along with paying 5500 in eash. July 8 Borrowed $66,000 eainh f rom Nar Bank by nigning a 120-day, 108, $66,000 note payable. ? Paid the amount due on the note to Locust at the maturity date. Paid the amount due on the note to MBR Bank at the maturity date. Noveaber 28 Horrowed $24,000 canh from Pargo Bank by migning a 60-day, 89, \$24,000 note payable. December 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Year 2 - 2 - Paid the amount due on the note to Pargo Bank at the maturity date. Journal entry worksheet 5678 Purchased $35,500 of merchandise on credit from Locust, terms n/30. Note: Enter debits before credits. Journal entry worksheet Replaced the April 20 account payable to Locust with a 90 -day, 8%,$35,000 note payable along with paying $500 in cash. Note: Enter debits before credits. Journal entry worksheet 678 Borrowed $66,000 cash from NBR Bank by signing a 120-day, 10\%, $66,000 note payable. Note: Enter debits before credits. Journal entry worksheet Paid the amount due on the note to Locust at the maturity date. Note: Enter debits before credits. Journal entry worksheet Pald the amount due on the note to NBR Bank at the maturity date. Note: Enter debits before credits. Journal entry worksheet Borrowed $24,000 cash from Fargo Bank by signing a 60 -day, 8%,$24,000 note payable. Note: Enter debits before credits. Journal entry worksheet 123445 Recorded an adjusting entry for accrued Interest on the note to Fargo Bank. Note: Enter debits before credits. Journal entry worksheet Pald the amount due on the note to Fargo Bank at the maturity date. Note: Enter debits before credits

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