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 April 20 Purchased $39,000 of merchandise on credit from Locust, terms n/30. May 19 Replaced the April 20 account payable to Locust with a 90-y, 8%, $35,000 note payable along with paying $4,000 in cash. July 8 Borrowed $66,000 cash from NBR Bank by signing a 120-day, 10%, $66,000 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 $21,000 cash from Fargo Bank by signing a 60-day, 8%, $21,000 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 1 Required: 1. Determine the maturity date for each of the three notes described. Locust NBR Bank Fargo Bank

Required information Problem 9.1A (Algo) Short-term notes payable transactions and entrles LO P1 [The following information applies to the questions displayed below] Tyrell Company entered into the following transactions involving short-term liabilities. Yoar 1 Ape11 2e Purchased $39,000 of nerchandise on credit from locust, tecrns n/3g. \$4, eas in esh. July of Borrowed $66, 000 cash froen Nak Dank by signing a 120-doy, 10K, $66, 000 note payable. - P - Paid the mount due on the note to Locust at the maturity date. - - Paid the mount due on the note to nea Fank at the enturity date. Decenber 31 iecorded an adjusting entry for accrurd interest on the note to Fargo Bank. Year 2 - Pafd the anount due on the note to rargo Bank at the naturity date. Problem 9-1A (Algo) Part 1 Required: 1. Determine the maturity date for each of the three notes described