ED Bt15-1 Roley Conporation uses a periodic inventory system and the gross method of accounting for pur chase discounts. On July 1, Roley purchased €6)000 of inventory terms 2/10, 1/30, FOB shipping point Roley paid freight costs of £1,200, On July 3, Roley returned damaged goods anc receive ere of £6,000 On July 10, Roley paid forthe goods, Prepare all necessary journal entries for Roky. BD 613-2 Upland Company borrowed $10,000 on November 1, 2014, by signing 2 $40,000, 9%, 3-month note. Prpare Uplands November 1, 2014, entry; the December 31,2014, annual adjusting entry; and the February 12015, entry. ID BE15-5 Takemoto Corporation borrowed ¥60,00,000 on November 1, 2014, by signing a ¥61 350,00 3-month, 2ro-interest bearing note. Prepare Takemoto's November 1, 2014, entry, the December 31, 2014, Annual adjusting entry; and the February 1, 2015, entry DBD BEIS4 At December 31,2014, Bure Corporation owes €500,000 on a note payable due February 15, 2015, @) IF Burr intends to refinance the obligation by issuing a long-term note on February 14 and using the proceeds to pay off the note due February 15, how much (if any) of the €500,000 should be reported as a Crrent liability at December 31,2014? (6) I Burr pays off the note on February 15,2015, and then borrows $1,000,000 on a long-term basis on March 1, how much any) of the €500,000 should be reported asa cur- runt liability at December 31,2014, the end ofthe fiscal year?