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 transactions involving short-term liabilities. Year 1 Apri1 20 Purchased $37,000 of merchandise on eredit from Locust, terms n/30. May 19 Replaced the Apri1 20 account payable to Locust with a 90 -day, 71,$35,000 note payable along July 8 Borrowed $66,000 cash from NBR Bank by signing a 120-day, 116, $66,000 note payable. ? - Paid the amount due on the note to Locuat at the maturity date. November 2 Paid the asount due on the note to Nar Bank at the maturity date. December 31 Recorded an adjusting entry for acerk by signing a 60-day, 9t, $24,000 note payable. Year 2 -? Paid the amount due on the note to Pargo 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 vour intermediate calculations. Journal entry worksheet 2345678 Purchased $37,000 of merchandise on credit from Locust, terms n/30. Note: Enter debits before credits