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1. 3part 4. Prepare journal entries to record (a) Issuance of the note, (b) accrual of Interest at the end of 2017, and (c) payment

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4. Prepare journal entries to record (a) Issuance of the note, (b) accrual of Interest at the end of 2017, and (c) payment of the note at maturity. (Assume no reversing entries are made.) (Use 360 days a year. Do not round Intermedlete calculations.) View transaction list Journal entry worksheet 1 2 Record the issuance of the $280,000 note. Note: Enter debits before credits Transaction General Joumal Debit Credit (a) Record entry Clear entry View general jumal 4. Prepare ournal entries to record (a) Issuance of the note, (b) accrual of Interest at the end of 2017, and (c) payment of the note at maturity. (Assume no reversing entries are made) (Use 360 days a year. Do not round Intermedlete calculations.) View transaction list Journal entry worksheet 1 3 Record the interest accrued on the note as of December 31, 2017. Note: Enter debits before credits Transaction Debit General Journal Credit (b) Record entry Clear entry View general joumal 4. Prepare journal entries to record (a) ISSuance of the note, (b) accrual of Interest at the end of 2017, and (c) payment of the note at maturity. (Assume no reversing entries are made.) (Use 360 days a year. Do not round Intermedlete calculations.) View transaction list Journal entry worksheet 1 2 Record payment of the note at maturity, assuming no reversing entries were made on January 1. Note: Enter debits before credits. Transaction Debit General Jounnal Credit (c) Record entry Clear entry View general journal ers 9-12 Timed Saved Keesha Co. borrows $280,000 cash on November 1, 2017, by signing 150-day. 11% note with a face value of $280,000 1. On what date does this note mature? (Assume theet February has 28 days) March 26, 2018 March 27, 2018. O March 28, 2018. O March 29, 2018. OMarch 31, 2018. In 2017 and 2018 from thls note? (Use 360 days a year. Round final answers to the 2.&3. What is the amount of interest exper neerest whole doller.) Total through maturity Interest Expense 2017 Expense 2018 Interest Principal Rate (%) Time Total interest

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