Tyrell Co. entered into the following transactions involving short-term liabilities in 2017 and 2018. 2017 Apr. 20 Purchased $35,500 of merchandise on credit from Locust, terms n/30. Tyroll uses the perpetual inventory system. May 19 Replaced the April 20 account payable to Locust with a 90-day, $35,000 note bearing 80 annual interest along with paying $500 in cash. July 8 Borrowed $66,000 cash from NBR Bank by signing a 120-day, 111 interest-bearing note with a face value of $66.000. Paid the amount due on the note to Locust at the maturity date. Paid the amount due on the note to NDR Bank at the maturity date. Nov. 28 Borrowed $30,000 cash from Fargo Bank by signing a 60-day, 8t interest-bearing noto with a face value of $30,000 Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. 2018 27 Paid the amount due on the note to Fargo Bank at the maturity date. 5.1 Prepare journal entries for all the preceding transactions and events for 2017. (Do not round your intermediate calculations.) View transaction list Journal entry worksheet Purchased $35,500 of merchandise on credit from Locust, terms 1/30. Tyrell uses the perpetual Inventory system. Note Enter debits before credits General Journal Debit Credit Date Apr 20, 2017 Tyrell Co. entered into the following transactions involving short-term liabilities in 2017 and 2018 2017 Apr. 20 Purchased $35,500 of merchandise on credit from Locust, terms 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 B8 annual interest along with paying $500 in cash. July B Borrowed $66,000 cash from NBR Bank by signing a 120-day, 111 interest-bearing note with a face value of $66,000. 2 Paid the amount due on the note to Locust at the maturity date. Paid the amount due on the note to NBR Bank at the maturity date. Nov. 28 Borrowed $30,000 cash from Fargo Bank by signing a 60-day, Be interest-bearing note with a face value of $30,000. Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. 2018 12 Paid the amount due on the note to Fargo Bank at the maturity date. 5.1 Prepare journal entries for all the preceding transactions and events for 2017. (Do not round your intermediate calculations.) View transaction list Journal entry worksheet Pald the amount due on the note to Locust at the maturity date. Note: Enter debits before credits General Journal Debit Credit Date Aug 17, 2017 Tyrell Co. entered into the following transactions involving short-term liabilities in 2017 and 2018. 15 2017 Apr. 20 Purchased 535,500 of merchandise on credit from Locust, ter 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 88 annual Interest along with paying $500 in cash July 8 Horrowed $66,000 cash from Nor Bank by signing a 120-day, 11% interest-bearing note with a face value of $66,000 Paid the amount due on the note to Locust at the maturity date. Paid the amount due on the note to NBR Bank at the naturity date. Nov. 28 Borrowed $30,000 cash from Yargo Bank by signing a 60-day, 39 interest-bearing note with a face value of $30,000 Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank 2018 - Pald the amount due on the note to Yargo Bank at the maturity date. 5.1 Prepare journal entries for all the preceding transactions and events for 2017 (Do not round your intermediate calculations.) res View transaction list Journal entry worksheet 23 > 4 6 7 Pald the amount due on the note to NBR Bank at the maturity date. Note: Enter debits before credits General Journal Debit Credit Date Nov 05, 2017 Tyrell Co. entered into the following transactions involving short-term liabilities in 2017 and 2018. 2017 Apr. 20 Purchased $35,500 of merchandise on credit from Locust, terms 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 85 annual interest along with paying $500 in cash. July 8 Borrowed $66,000 cash from NAR Bank by signing a 120-day, 111 interest-bearing note with a face value of $56,000 Paid the amount due on the note to Locust at the maturity date. Paid the amount due on the note to NBR Bank at the maturity date. Nov. 28 Borrowed $30,000 cash from Fargo Bank by signing a 60-day, 1 interest-bearing note with a face value of $30,000 Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. 2018 --- Paid the amount due on the note to Pargo Bank at the maturity date. 5.1 Prepare journal entries for all the preceding transactions and events for 2017. (Do not round your intermediate calculations.) View transaction list Journal entry worksheet
