Check my work Sylvestor Systems borrows $110,000 cash on May 15, 2017, by signing a 60-day, 12% note. 1. On what date does this note mature? OJuly 11,2017 O July 13, 2017 O July 14, 2017 O July 15, 2017 O July 16, 2017 2. Assume the face value of the note equals $110,000, the principal of the loan. (a) Prepare the journal entry to record issuance of the note. Journal entry worksheet Record the issuance of the note. Note: Enter debits before credits. May 15 K Prev 2 of 15 Next