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Tyrell Co. entered into the following transactions involving short term liabilities in 2014 and 2015. (Info attached) 1. Determine the maturity date for each of

Tyrell Co. entered into the following transactions involving short term liabilities in 2014 and 2015.

(Info attached)

1. Determine the maturity date for each of the three notes described.

2. Determine the interest due at a maturity for each of the three notes.

3. Determine the interest expense to be recorded in the adjusting entry at the end of 2014.

4. Determine the interest expense to be recorded in 2015.

5. Prepare journal entries for all preceding transactions and events for years 2014.

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