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Exercise 9-3 Accounting for note payable LO P1 Sylvestor Systems borrows $169,000 cash on May 15 by signing a 120-day, 5%, $169,000 note. 1. On

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Exercise 9-3 Accounting for note payable LO P1 Sylvestor Systems borrows $169,000 cash on May 15 by signing a 120-day, 5%, $169,000 note. 1. On what date does this note mature? 2-a. Prepare the entry to record issuance of the note. 2-b. 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 B00 Complete this question by entering your answers in the tabs below. Hint Print Required 2B Required 28 Required 1 Required 2A Interest at General Maturity Journal First, complete the table below to calculate the interest expense at maturity. (Use 360 days a year. Round final answers to the nearest Whole dollar.) ferences Principal Rate() Time Total trest Interest Maturity $ 169,000 5% 1207350 Neguited 2A Required 28 General Journal > Journal entry worksheet Record the payment of the note at maturity. + Note: Enter debits before credits nt General Journal Debit Credit Event 1 ences Record entry Clear entry View general Journal

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