The January 1, 2016 trial balance for the Tyrell Company is found on the trial balance tab. The beginning balances are assumed. Tyrell Co. entered into the following transactions involving short-term liabilities in 2016 and 2017. (Use 360 days a year.)

Apr. 20 Purchased $40, 250 Of merchandise on credit from Locust, terms are n/ 30. Tyrell uses the
perpetual inventory system.
May 19 Replaced the April 20 account payable to Locust with a 9ø-day, $35,øøø note bearing annual interest along with paying $5,250 in cash.
July 8 Borrowed $80,øøø cash from NBR Bank by signing a 120-day, 9% interest-bearing note with a face value of $80,000.
Aug 17 Paid the amount due on the note to Locust at the maturity date.
Nov 5 Paid the amount due on the note to NBR Bank at the maturity date.
Nov 28 Borrowed $42,000 cash from Fargo Bank by signing a a-day, 8% interest-bearing note with a face value of $42,
Dec. 31 Recorded an adjusting entry for accrued interest on the note

2017:
Paid the amount due on the note to Far o Bank at the maturity to Fargo Bank. date.

Required:
Prepare the journal entries related to notes and accounts payable.