Required information Problem 9-1A (Algo) Short-term notes payable transactions and entries LO P1 [The following...
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Required information Problem 9-1A (Algo) Short-term notes payable transactions and entries LO P1 [The following information applies to the questions displayed below] Tyrell Company entered into the following vansactions imolving short-term liablities. Wart 1 April 26 Purchased $35,0e0 of merchandise on credit from Locust, teras Kay 19R/30. $35,000 note payable along with paying se in cash. July 8 Borrowed $69; 00 e cash from NBR Bank by signing a 12e-day, 11\%, _ Paid the anount due on the note to Locust at the naturity date. - - Paid the amount due on the note to NBR Bank at the maturity date. November 28 Borrowed $27, eee cash from Fargo Bank by signing a 68day,8%, December 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Mar 2 - - Paid the anount due on the note to Fargo Bank at the maturity date. Problem 9-1A (Algo) Part 5 5. Prepare joumal entries for ail the preceding transactions and events. Note: Do not round your intermediate calculations. Journal entry worksheet Note: Enter debits before credits. Required information Protilein 21A (Algo) Shertterm notes payable transactions and entries LO P1 The following inhomabion applibs to the questions displayed below] Tyreil Compary entered into the following transactions involving short-term liabilities. Whar 1 Aprit 20 Purchased $35,000 of merchandise on credit from Locust, terns May 19 Replaced the April 20 account payable to Locust with a 90-day, Bs, $35,000 note payable along with paying $0 in cash. Juty 8 Borroued 569 ; 500 cash from Nar Bank by signing a 120 -day, 114, Juty 869,000 note payable. - ? - Paid the anount due on the note to Locust at the waturity date. -? - Paid the anount due on the note to NaR Bank at the maturity date. November 28 Borrowed $27,000 cash from Fargo Bank by signing a 60 -day, 8%, Decenber 31 Recorded an adjusting entry for accrued interest on the note to Decenber 31 Fargo Bank. Thar 2 ? - Paid the amount due on the note to Fargo Bank at the maturity date. Problem 9-1A (Algo) Part 5 5. Prepare joumal entries for all the preceding transactions and events. Note: Do not round your Intermediate calculations. Required information Problem 21A (Algo) Short term notes payable transactions and entrles LO P1 [The following information applies to the questions displinyed below.] Tyrell Company entered into the following transactions imvolyng short-term liabilites. Year 1 April 20 Purchased $35, eee of merchandise on credit fron Locust, terms May 19R Replaced the Aprit 20 account payable to Locust with a 90day,84, $35,000 note payable along with paying so in cash. July 8 Borrowed $69; - Paid the amount due on the note to Locust at the maturity date. - - Paid the anount due on the note to NiBR Bank at the maturity date. Novenber 28 Borrowed $27, eve cash from Fargo Bank by signing a 60 day, 8%, December 31 Recorded an adjusting entry for accrued interest on the note to December 31 Fargo Bank. Year 2 - - Paid the anount due on the note to Fargo Bank at the maturity date. Problem 9-1A (Algo) Part 5 5. Prepare joumal entries for all the preceding transactions and events. Note: Do not round your intermediate calculations. Journal entry worksheet Required information Problem 9.1A (Algo) Short-term notes payable transactions and entries LO P1 (The following information apples to the questions displayed below] Tytell Company entered inte the following transactions imvolyng short-term labueses. Whar 1 April 20 Purchased $35,000 of merchandise on credit fron Locust, terms n/36. May 19 Replaced the Aprit 20 accotint payable to Locust with a 9a-day, Ev, $35,000 note payable along with paying $0 in cash. July 8 Borroved $69;0ee cash from NBR Bank by signing a 12e-day, 114 , -? - 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. Novenber 28 Borrowed $27,0e0 cash fron Fargo Bank by signing a 66-day, Bs, December 32 Recorded an adjusting entry for accrued-interest on the nate to December 31 Recorded an Fargo Bank. Year 2 - ? Paid the anount due on the note to Fargo Bank at the naturity date. Problem 9-1A (Algo) Part 5 5. Prepare journal entries for all the preceding transactions and events. Note: Do not round your intermediate calculations. Journal entry worksheet Note: Enter debits before credits: Required information Problem 9-1A (Algo) Short-term notes payable transactions and entries LO P1 The following informabion applies to the questions displayed below) Tyroll Company entered into the following transactions involving short-term liablities. Won 1 April 2 a Purchased $35, eee of merchandise on credit fron Locust, terms May 19 Replaced the Aprit 20 account payable to Locust with a 90-day, 8\%, $35,60 note payable along with paying $0 in cash. Juty 8 Borrowed $69;000 cash from NBR Bank by 5 igning a 128 -day, 114 , 569,080 note payable. -7 . Paid the anount due on the note to Locust at the eaturity date. Paid the amount due on the note to NBR Bank at the maturity date. Borrowed $27,000 cash from Fargo Bank by 5 igning a 60 -day, 8%, Noveaber' 28 Borrowed $27,000 note payable. December 31 Recorded an adjusting entry for accrued interest on the note to Vear 2 - - Paid the amount due on the note to Fargo Bank at the maturity date. Problem 9-1A (Algo) Part 5 5. Prepsro joumal entries for all the preceding transactions and events. Note Do not round your intermediate calculations. Journal entry worksheet \begin{tabular}{l} Journal entry worksheet \\ PaidtheamountdueonthenotetoLocustatthematuritydate. \\ \hline \end{tabular} Note: Enter debits before credits. Required information Problem 9-1A (Algo) Short-term notes payable transactions and entries LO P1 [The following information applles to the questions displayed below.] Tyrel company entered into the following transactions involving short-term liablities. Year 1 April 20 Purchased $35,000 of merchandise on credit fron Locust, terms May 19R/30. $35,800 note payable along with paying $0 in cash. July 8 Borrowed $69;000 cash from NaR Bank by signing a 126-day, 114 , ? $69,000 note payable. -7 - Paid the amount due on the note to NBR Bank at the maturity date. November 28 Borrowed $27,000 cash from Fargo Bank by signing a 68day,8%, December 31 Recorded an adjusting entry for accrued interest on the note to December 31 Fargo Bank. Year 2 - ? Paid the amount due on the note to Fargo Bank at the maturity date. Problem 9-1A (Algo) Part 5 5. Prepare journal entries for all the preceding transactions and events. Note: Do not round your intermediate calculations. Journal entry worksheet Required information Problem 9-1A (Algo) Short-term notes payable transactions and entrles LO P1 (The following information applies to the questions displayed below) Tyres. Company entered into the following transactions involyng short-term liabilities. Year 1 Aprit 28 Purchased $35,600 of merchandise on credit from Locust, terms Nay 19 Replaced the Aprit 20 account payable to Locust with a 90day,84, $35,000 note payable along with paying $0 in cash. Juty 8 Borrowed $69;eee cash from NaR Bank by signing a 120-day, 11%, -? Paid the anount due on the note to Locust at the maturity date. - - Paid the amount due on the note to NBR Bank at the naturity date. November 28 Borrowed $27,000 cash from Fargo Bank by signing a 60 -day, 84, Decemer 32 Recorded an adjusting entry for accrued interest on the note to Fargo Bank, Vear2 - 7 - Paid the anount due on the note to Fargo Bank at the oaturity date. Problem 9-1A (Algo) Part 5 5. Prepare joumal entries for all the preceding transactions and events. Note: Do not round your intermediate calculations. Journal entry worksheet Notes Enter debits before credits. Required information Problem 9-1A (Algo) Short-term notes payable transactions and entries LO P1 (The following information applles to the questions displayed bolow] Tyrell Company entered into the following transactions involving short-term liabilities. War 1 April 28 Purchased $35,000 of merchandise on credit froe Locust, terms Kay 19n Replaced the April 20 account payable to Locust with a 90-day, 84, $35,000 note payable along with paying $0 in cash. July 8 Borrowed $69;000 cash from NBR Bank by $ igning a 120-day, 11%, juty 869,000 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. Novenber 28 Borrowed $27,000 cash fron Fargo Bank by signing a 69 day, 8%, December 31 Recorded an adjusting entry for accrued interest on the note to December 31 Recorded an Year 2 - ? Paid the a=ount due on the note to Fargo Bank at the maturity date. Problem 9-1A (Algo) Part 5 5. Prepare joumal entries for all the preceding transactions and events. Note: Do not round your intermediate calculations. Journal entry worksheet Note: Enter debits before credits








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