Year 1 April 20 Purchased $54,250 of merchandise on credit from Parker, terms n/30. May 19 Replaced the April 20 account payable to Parker with a 90-day, 128, $39,000 note payable along with $15,250 in cash. July 8 Borrowed $93,000 cash from NBR Bank by signing a 120-day, 10%, $93,000 note payable. August 17 Paid the amount due on the note to Parker at the maturity date. November 5 Paid the amount due on the note to NBR Bank at the maturity date. November 28 Borrowed $48,000 cash from Sacramento Bank by signing a 60-day, 88, $48,000 note payable. December 31 Recorded an adjusting entry for accrued interest on the note to Sacramento Bank. Year 2 January 27 Paid the amount due on the note to Sacramento Bank at the maturity date. General Requirement Journal General Ledger Trial Balance Schedule of Payables Calculation of Interest Year 2 payment Prepare the January 27, Year 2 journal entry to record the payment of the Sacramento note at maturity. Walsh Company does NOT prepare reversing entries. cation.com/estmapindex.com 225duc Taylor Company entered into the following transactions involving short-term labies (Use 360 days a year) Near April 20 Purchased $14,250 of merchandis on credit from Parker, ter s New 2 she aterity 2,000 cas trus sacramente ask by signing 60-day, 14. 148,000 payable. Prepare the January 27, Year 2 al entry to red the payment of the Saatte at maturity Wash Company does NOT prepare reversing entries Olu Cru No 4 P N 4 2 3 4 B 6 7 B 9 O W E R T Y U 1 O S D F G H J K L O < Z X C V B N M . command H co