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s Window Help nplace Windows Media Suggested Sites See What's Hot Web Slice Gailery Googie Apple Disney ESPN Yahoot Promium Parad se Kick ker Release

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s Window Help nplace Windows Media Suggested Sites See What's Hot Web Slice Gailery Googie Apple Disney ESPN Yahoot Promium Parad se Kick ker Release One Piece S Prepare journal entries to record the transactions and events for both March and April. PROBLEM SET B Problem 9-1B Short-term sotes payable transactions and entries Warner Co. entered into the following transactions involving short-term liabilities in 2016 and 2017 Apr. May July 22 23 15 Purchased $5,000 of merchandise on credit from Fox-Pro, terms n/30. Warner uses the perpetual inventory system Replaced the April 22 account payable to Fox-Pro with a 60-day, $400 note bearing 15% ann al interest along with paying S400 in Borrowpd S 12.000 cash from Spring Bank by signing a 120-day, 10% interest-bearing note with a face value of S12.00. 7Paid the amount due on the note to Fox-Pro at maturity Paid the amount due on the note to Spring Bank at maturity 6 31 Borrowed S800 cash from City Bank by signing a 45-day, 9% interest-bearing note with a face value of$8,000. Recorded an adjusting entry for accrued interest on the note to City Bank. Dec. Paid the amount due oe the note to City Bank at maturity Required 1. Desermine the maturity date for each of the three notes described 2. Desermine the interest due at maturity for each of the three notes. (Assame a 340-day year.) MacBook Air 8 0 5

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