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Tyrell Co. entered into the following transactions involving short-term liabilities in 2014 and 2015. 2014 Apr. 20 Purchased $40,250 of merchandise on credit from Locust,

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

2014
Apr. 20

Purchased $40,250 of merchandise on credit from Locust, terms are 1/10, n/30. Tyrell uses the perpetual inventory system.

May 19

Replaced the April 20 account payable to Locust with a 90-day, $35,000 note bearing 10% annual interest along with paying $5,250 in cash.

July 8

Borrowed $80,000 cash from National Bank by signing a 120-day, 9% interest-bearing note with a face value of $80,000.

___?___ 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 $42,000 cash from Fargo Bank by signing a 60-day, 8% interest-bearing note with a face value of $42,000.

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.

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1. Determine the maturity date for each of the three notes described. Locust Natl. Bank Fargo Maturity date

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