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answer all parts Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $110.000 cash on May 15 by Cipring a 60-dny.5% 5110,000
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Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $110.000 cash on May 15 by Cipring a 60-dny.5% 5110,000 note 1. On what date does this note mature? 2-a. Prepare the entry to record issuance of the note 2-6. First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare your entry to record payment of the note at maturity Complete this question by entering your answers in the tabs below. 2620 Ret 2X Test Genere Maturity um nepare te untry to record of the View all Journal entry worksheet Record the ance of the note Complete this question by entering your answers in the tabs below. Rege 20 Required 28 RA Interest at General Maturity Journal recome the table below to calculate the interest expense at maturity (Use 360 days a year round final answers to the best which do May Required Required 28 General Journal > Required Required 25 Required Required 2A interest General Maturity Journal Use those calculated values to prepare your entry to record payment of the note at maturity ( 160 days yet Round to the newest whole ) View transaction et Journal entry worksheet acord the payment of the notis at maturity Step by Step Solution
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