Week 7. Chapter 11 Required information The following information applies to the questions displayed below...
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Week 7. Chapter 11 Required information The following information applies to the questions displayed below Tyrell Co. entered into the following transactions involving short-term abilities Apr. 20 Purchased $39.900 ot merchandise on credit from Locust, s /so. 19 Replaced the pill 20 count payahle Do Lout with 90- y. . $33,000 te payable along with Don 39.500 1n cash. July Sorrowed 351.000 cash from MR Bank by ating a 20-a 111.991.000 payable 10 the gunue on Benetto T h e and the anons durante nesto NES Bank at the aty re Nov 20 BOE 27,000 s tron Faxe Bank by signing 50-day 527,000 note payable Dereced e n teesta heter Bank Year 2 Paid the count due on the note to go Bank at the naturity . 4. Determine the interest expense recorded in Year 2 Do not round intermediate calculations and round your final answers to nearest whole dollar. Use 360 days a year.) Year end accrual required for x Rate Fargo Bank Time interest
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