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 transactions involving short-term liabilities. Year 1 April20Purchased$36,000ofmerchandiseoncreditfromLocust,termsn/30.May19ReplacedtheApril20accountpayabletoLocustwitha90day,8%,$35,000notepayablealongwithpaying$1,000incash.July8Borrowed$60,000cashfromNBRBankbysigninga120-day,10%,?$60,000notepayable.?-PaidtheamountdueonthenotetoLocustatthematuritydate.PaidtheamountdueonthenotetoNBRBankatthematuritydate.Borrowed$30,000cashfromFargoBankbysigninga60-day,8%,$30,000notepayable. n/30. May 19 Replaced the April 20 account payable to Locust with a 90-day, 8\%, $35,000 note payable along with paying $1,000 in cash. July 8 Borrowed $60,000 cash from NBR Bank by signing a 120-day, 10%, $60,000 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. November 28 Borrowed $30,000 cash from Fargo Bank by signing a 60-day, 8%, $30,000 note payable. December 31 Recorded an adjusting entry for accrued interest on the note to 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. Note: tnter aebts perore creats