Question: Please do it ASAP do all of it as its one case study thanks thumbs up Zing Cell Phone Company entered into the following transactions


Zing Cell Phone Company entered into the following transactions involving current liabilities during 2020 and 2021. 2e2e Mar. 14 Purchased merchandise on credit from Ferris Inc. for $142,880. The terms were 1/10, n/30 (assume a perpetual inventory system). Apr. 14 Zing paid $26,eee cash and replaced the $116,eee remaining balance of the account payable to Ferris Inc. with a 6%, 60-day note payable. May 21 Borrowed $126,eee from Scotiabank by signing a 5.5%, 90-day note. ? Paid the note to Ferris Inc. at maturity. ? Paid the note to Scotiabank at maturity. Dec 15 Borrowed $101,eee and signed a 6.25%, 120-day note with National Bank. Dec. 31 Recorded an adjusting entry for the accrual of interest on the note to National Bank. 2021 7 Paid the note to National Bank at maturity. Required: 1. Determine the maturity dates of the three notes just described. Ferris in Scotiabank National Bank Maturity date Required: 1. Determine the maturity dates of the three notes just described. Ferris Inc. Scotiabank National Bank Maturity date 2. Present journal entries for each of the preceding dates (Use 365 days an year. Do not round intermediate calculations and round the final answers to 2 decimal places.) View transaction is Journal entry worksheet . 3 4 5 6 7 8 Record the purchase of merchandise on credit Notente debts before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal
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