Required information [The following information applies to the questions displayed below] Tyrell Company entered into the following transactions involving short-term liabilities Year 1 Apri1 20 Purchased $33,500 of merchandise on credit fron Locust, terms n/30. May 19 Replaced the April 20 account payable to Locust with a 90 -day, 80,$35,000 note payable alang with paying $3,500 in cash. July B Borrowed $66,000 cash fron Nen llank by signing a 120-day, 118, $66,000 note payable. -? Paid the anount due on the note to Locust at the naturity date. Novester 20 Borroued $10, 0e0 eash from Fargo Bank liy signthg a 69 -day, 7x, s3s, 000 note payable. December 31 Recorded an adjusting entry for accrued interest on the note to Farno Bank. Year 2 - - Paid the anount due on the note to Fargo Bank at the naturity date. 5. Prepare journal entries for all the preceding transactions and events. (Do not round your intermediate calculations.) Journal entry worksheet 45678 Purchased $38,500 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 $3,500 in cash. Note: Enter debits before credits. Journal entry worksheet 678 Borrowed $66,000 cash from NBR Bank by signing a 120 -day, 11%,$66,000 note payable. Note: Enter debits before credits. Journal entry worksheet 78 Paid the amount due on the note to NBR Bank at the maturity date. Note: Enter debits before credits. Journal entry worksheet Borrowed $30,000 cash from Fargo Bank by signing a 60-day, 7%,$30,000 note payable. Note: Enter debits before credits. Journal entry worksheet Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Note: Enter debits before credits. Journal entry worksheet Paid the amount due on the note to Fargo Bank at the maturity date. Note: Enter debits before credits