XI 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 liabilities. Year 1 Apr. 20 Purchased $39,000 of merchandise on credit from Locust, terms n/30. 19 Replaced the April 20 account payable to Locust with a 90-day, 98, $35,000 note payable along with paying $4, 000 in cash. May July 8 Borrowed $57,000 cash from NBR Bank by signing a 120-day, 128, $57,000 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. Nov. 28 Borrowed $27,000 cash from Fargo Bank by signing a 60-day, 8%, $27000 note payable. Dec. 31 Recorded an adjusting entry for accrued interest on the note to Falgo Bank. Year 2 Paid the amount due on the note to Fargo 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.) View transaction list View transaction list X 7 1 Purchased $39,000 of merchandise on credit from Locust, terms n/30. 2 Replaced the April 20 account payable to Locust with a 90-day, 9%, $35,000 note paya ble along with paying $4,000 in cash. (3 Borrowed $57,000 cash from NBR Bank by signing a 12 day, 12%, $57,000 note payable. Credit Paid the amount due on the note to Locust at the maturity date. 39,000 5 Paid the amount due on the note to NBR Bank at the maturity date. 4 Paid the amount due on the note to Locust at the maturity date. S Paid the amount due on the note to NBR Bank at the maturity date. 6 Borrowed $27,000 cash from Fargo Bank by signing a 60- day, 8%, $27,000 note payable. Credit 0 Recorded an adjusting entry for accrued interest on the 39,00 note to Fargo Bank. Paid the amount due on the note to Fargo Bank at the maturity date. Not