Exercise 11-4 Interest-bearing notes payable with year-end adjustments LO P1 Keesha Co borrows $190,000 cash on December 1 of the current year by signing a 180-day, 9%, $190,000 note 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in the current year and the following year from this note? 4. Prepare foumal entries to record (a) issuance of the note, (b) accrual of interest on December 31, and (c) payment of the note at maturity Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Reg4 On what date does this note mature? (Assume that February has 20 days) On what date does this note mature? Req 2 and 3 > Your answers in the tabs below. Reg 1 Reg 2 and 3 Req4 What is the amount of interest expense in the current year and the following year from this note? (Use 260 days a year Round inal answers to the nearest whole dollar Total through maturity Interest Expense Current Year Interest Exponse . Following Year Principal Rate(%) Timo Total interest Journal entry worksheet Record the issuance of the note on December 1. Note: Enter debits before credits General Journal Debit Credit Transaction (a) View transaction list Journal entry worksheet View transaction list Journal entry worksheet 2 3 Record payment of the note at maturity, assuming no reversing entries were made on January 1. Note: Enter debits before credits General Journal Debit Credit Transaction (c)