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Zing Cell Phone Company entered into the following transactions involving current liabilities during 2020 and 2021. Mar. Apr. May Dec. 2020 14 Purchased merchandise

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Zing Cell Phone Company entered into the following transactions involving current liabilities during 2020 and 2021. Mar. Apr. May Dec. 2020 14 Purchased merchandise on credit from Ferris Inc. for $162,000. The terms were 1/10, n/30 (assume a perpetual inventory system). 14 Zing paid $36,000 cash and replaced the $126,000 remaining balance of the account payable to Ferris Inc. with a 58, 60-day note payable. 21 Borrowed $136,000 from Scotiabank by signing a 4.5%, 90-day note. ? Paid the note to Ferris Inc. at maturity. ? Paid the note to Scotiabank at maturity. 15 Borrowed $111,000 and signed a 5.25%, 120-day note with National Bank. Dec. 31 2021 Required: Recorded an adjusting entry for the accrual of interest on the note to National Bank. ? Paid the note to National Bank at maturity. 1. Determine the maturity dates of the three notes just described. Ferris Inc. Scotiabank National Bank Maturity date

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