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b. Notes Payable Interest Expense Cash 000 000 A business issued a 120-day, 5% note for $93,000 to a creditor on account. Journalize the entries
b. Notes Payable Interest Expense Cash 000 000 A business issued a 120-day, 5% note for $93,000 to a creditor on account. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest. Assume a 360-day year. If an amount box does not require an entry, leave it blank. If required, round yours answers to whole dollar. a. Accounts Payable Notes Payable
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