Question: Required Information Problem 9-1A (Static) Short-term notes payable transactions and entries LO P1 [The following information applies to the questions displayed below] Tyrell Company entered
Required Information Problem 9-1A (Static) 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 $40,250 of merchandise on credit fros locust, terns n/3e. \$5, 25 in eash. - Paid the anount due on the note to Locust at the maturity date. Paid the anount due on the note to Nok bank at the naturity date. Deceaber 31 kecorded an adjusting entry for accrued interest on the note to fares bank. Yeer 2 Pald the anount due on the note to farco lank at the eaturity dite. Problem 9-1A (Stotic) Port 5 5. Prepare journal entries for all the preceding transactions and events
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