PLS HELP ASAP

Required information Problem 9-1A Short-term notes payable transactions and entries LO P1 [The following information applies to the questions displayed below) Tyrell Co. entered into the following transactions involving short-term liabilities in 2016 and 2017 2016 Apr. 20 Purchased $40, 250 of merchandise on credit from Locust, teres n/30. Tyrell uses the perpetual inventory system May 19 Replaced the April 20 account payable to Locust with a 90-day, 535,000 note bearing 10% annual Interest along with paying $5,250 in cash. July & Borrowed 580,00 cash from NSR Bank by signing a 120-day, 9% Interest-bearing note with a face value of $80,00e. 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 Nov. 28 Borrowed $42,000 cash from Fargo Bank by signing a 60-day, 8% Interest-bearing note with a face value of $42.000. Dec. 11 Recorded an adjusting entry for acceed interest on the note to Fargo Bank 2017 Pald the amount due on the note to Fargo Bank at the maturity date: Answer is complete but not entirely correct. X Locust X x Interest $ 700 X Principal $ 35,000 $ 69,000 XX $ 24,000 X X Time 90/360 120/360 11 Rate 8 X % 10 X % 9 X % NBR Bank X $ 2,300 Fargo Bank 60/360 11 $ GA 360 X Year End Accrual Required For: Principal Fargo Bank x Rate x Time X % X Interest Interest to be accrued in 2016 4. Determine the interest expense to be recorded in 2017. (Do not round your intermediate calculations. Use Year End Accrual Required For: Principal X Rate Fargo Bank Time % X Interest Interest to be recorded in 2017 Required information Journal entry worksheet 1 2 3 4 5 6 7 Purchased $40,250 of merchandise on credit from Locust, terms are n/30. Tyrell uses the perpetual inventory system. Note: Enter debits before credits. General Journal Debit Credit Date Apr 20, 2016 Record entry Clear entry View general journal ! Required information Paid the amount due on the note to Fargo Bank at the maturity date. Note: Enter debits before credits. General Journal Debit Credit Date Jan 27, 2017 Record entry Clear entry View general journal