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Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $145,000 cash on May 15 by signing a 120-day, 5%, $145,000 note. 1.

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Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $145,000 cash on May 15 by signing a 120-day, 5%, $145,000 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 Complete this question by entering your answers in the tabs below. Required 20 Required 1 Required 2A Interest at Maturity On what date does this note mature? Required 20 General Journal On What date does thin note maturo? ce Required 2A > Journal entry worksheet Journal entry worksheet

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