Tyrell Company entered into the following transactions involving short-term liabilities. Year 1 April 20 Purchased $40,250 of merchandise on credit from Locust, terms n/30. Replaced the April 20 account payable to Locust with a 90-day, 10%, $35,000 note payable along with paying $5,250 in cash. May 19 Borrowed $80,000 cash from NBR Bank by signing a 120-day, 9%, $80,000 note payable. 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. November 28 Borrowed $42,000 cash from Fargo Bank by signing a 60-day, 8%, $42,000 note payable. December 31 Recorded an adjusting entry for accrued interest on, the note to Fargo Bank. Year 2 July 8 ? ? ____?___ Paid the amount due on the note to Fargo Bank at the maturity date.

Tyrell Company entered into the following transactions involving short-term liabilities. Year 1 April 20 Purchased $40,250 of merchandise on credit from Locust, terms n/30. May 19 Replaced the April 20 account payable to Locust with a 90 -day, 108,$35,000 note payable along with paying $5,250 in cash. July 8 Borrowed $80,000 cash from NBR Bank by signing a 120-day, 98,$80,000 note payable. 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. November 28 Borrowed $42,000 cash from Fargo Bank by aigning a 60 -day, 88,$42,000 note payable. December 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Year 2 7 Paid the amount due on the note to Pargo Bank at the saturity date. Journal entry worksheet 8 Purchased $40,250 of merchandise on credit from Locust, terms n/30. Note: Enter debits before credits. Journal entry worksheet 8 Replaced the April 20 account payable to Locust with a 90-day, 10\%, $35,000 note payable along with paying $5,250 in cash. Note: Enter debits before credits. Journal entry worksheet Borrowed $80,000 cash from NBR Bank by signing a 120 -day, 9%,$80,000 note payable. Note: Enter debits before credits. Journal entry worksheet Paid the amount due on the note to Locust at the maturity date. Note: Enter debits before credits. Journal entry worksheet Paid the amount due on the note to NBR Bank at the maturity date. Note: Enter debits before credits. Journal entry worksheet Borrowed $42,000 cash from Fargo Bank by signing a 60 -day, 8%,$42,000 note payable. Note: Enter debits before credits. Journal entry worksheet 5 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Note: Enter debits before credits. Journal entry worksheet Paid the amount due on the note to Fargo Bank at the maturity date. Note: Enter debits before credits