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 liabilitles. Year 1 Apr. 20 Purchased $38,000 of merchandise on credit from Locust, terma n/30. May 19 Replaced the April 20 account payable to Locust with a 90-day, 78, $35,000 note payable along with paying $3,000 in cash. July 8 Borrowed $57,000 canh from NSR Bank by signing a 120-day, 109, $57,000 note payable. ___? Paid the amount due on the note to Locust at the maturity date. 2 Paid the amount duo on the note to NBR Bank at the maturity date. Nov. 28 Borrowed $36,000 cash from Fargo Bank by signing a 60-day, 89, $36,000 note payable. Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Year 2 Paid the amount due on the rote to Pargo Bank at the maturity date. Problem 9-1A Part 5 5. Prepare journal entries for all the preceding transactions and events. (Do not round your intermediate calculations.) Journal entry worksheet Borrowed $57,000 cash from NBR Bank by signing a 120-day, 10%, $57,000 note payable. Note: Enter debits before credits. Date General Journal Debit Credit Jul 08 Journal entry worksheet Borrowed $36,000 cash from Fargo Bank by signing a 60-day, 8%, $36,000 note payable. Note: Enter debits before credits Dato General Journal Debit Credit Nov 28 Journal entry worksheet 1 2 3 4 5 6 7 8 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. Note: Enter debits before credits. Date General Journal Dobit Credit Dec 31 Journal entry worksheet