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[The following information applies to the questions displayed below.] Tyrell Co. entered into the following transactions involving short-term liabilities in 2014 and 2015. 201 Apr
[The following information applies to the questions displayed below.] Tyrell Co. entered into the following transactions involving short-term liabilities in 2014 and 2015. 201 Apr 20 Purchased $38,500 of merchandise on credit from Locust, terms are v10, n/30. Tyrell uses the perpetual inventory system. May 19 Replaced the April 20 account payable to Locust with a 9o-day, $35,000 note bearing 8% annual interest along with paying $3,500 in cash. July 8 Borrowed $63,000 cash from National Bank by signing a 120-day, 12% interest-bearing note with a face value of $63.000. Paid the amount due on the note to Locust at the maturity date. Paid the amount due on the note to National Bank at the maturity date. Nov. 28 Borrowed $24,000 cash from Fargo Bank by signing a 60-day, 9% interest-bearing note with a face value of $24,000. Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. 2015 Paid the amount due on the note to Fargo Bank at the maturity date. value You did not receive full credit for this question in a previous attempt 1.00 points Required: 1. Determine the maturity date for each of the three notes described. Locust Natl. Bank Fargo Maturity date
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