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work Saved Help Save & E Required information [The following information applies to the questions displayed below) Tyrell Co. entered into the following transactions involving
work Saved Help Save & E Required information [The following information applies to the questions displayed below) Tyrell Co. entered into the following transactions involving short-term liabilities. Year 1 Apr. 20 Purchased $39,000 of merchandise on credit from Locust, terms n/30. May 19 Replaced the April 20 account payable to Locust with a 90-day, 88, $35,000 note payable along with paying $4,000 in cash. July 8 Borrowed $60,000 cash from NBR Bank by signing a 120-day, 108, $60,000 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. Nov. 28 Borrowed $27,000 cash from Fargo Bank by signing a 60-day, 98, $27,000 note payable. Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. 2 7 Year 2 __? Paid the amount due on the note to Fargo Bank at the maturity date. 5. Prepare journal entries for all the preceding transactions and events. (Do not round your intermediate calculations.) View transaction list 09 Homework C Saved Required information Journal entry worksheet 5 of 5 1 2 3 4 5 6 7 8 Purchased $39,000 of merchandise on credit from Locust, terms n/30. Book Note: Enter debits before credits. Print Date General Journal Debit Credit Terences Apr 20 Record entry Clear entry View general journal aw IN....html Homework Saved O Required information Journal entry worksheet of 5 ation N....html Saved Required information Journal entry worksheet 2. 3 4 5 6 7 8 Borrowed $60,000 cash from NBR Bank by signing a 120-day, 10%, $60,000 note payable. Note: Enter debits before credits. Date General Journal Debit Credit Jul 08 Record entry Clear entry View general journal Required information Journal entry worksheet 1 2 3 5 6 7 8 Paid the amount due on the note to Locust at the maturity date. Note: Enter debits before credits. Date General Journal Debit Credit Aug 17 Record entry Clear entry View general journal work Saved Required information Journal entry worksheet Paid the amount due on the note to NBR Bank at the maturity date. Note: Enter debits before credits Date General Journal Debit Credit Nov 05 Record entry Clear entry View general journal ework Saved Required information Journal entry worksheet mework Saved Required information Journal entry worksheet nl mework Saved Required information Journal entry worksheet 1 2 3 4 5 6 7 Paid the amount due on the note to Fargo Bank at the maturity date. Note: Enter debits before credits. Date General Journal Debit Credit Jan 27 Record entry Clear entry View general journal ml
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