Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $69,000 cash on May 15 by signing a 30-day, 6%, $69,000 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 25 Required 28 Required 1 Required 2A Interest at General Maturity Journal Prepare the entry to record issuance of the note. View journal entry worksheet View transaction list No Dato May 15 General Journal Cash Notes payable Dobit Credit 69,000 69,000 Required 2B Interest at Maturity > Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $69,000 cash on May 15 by signing a 30-day, 6%, $69,000 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 5604 Complete this question by entering your answers in the tabs below. 3 Required 28 Required 20 Required 1 Required 2A Interest at General Maturity Journal Use those calculated values to prepare your entry to record payment of the note at maturity. (Use 360 days a year. Round Piral answers to the nearest whole dollar) 1 View transaction list ces Journal entry worksheet A Record the payment of the note at maturity Note: Enter debits before credits General Journal Debit Dato Maturity Credit Proy 1 of 8 III Next >