Exercise 9-4 Interest-bearing notes payable with year-end adjustments LO P1 Keesha Co. borrows $130,000 cash on November 1 of the current year by signing a 180-day, 11%, $130,000 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 journal 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. Req 1 Req 2 and 3 Req 4 On what date does this note mature? (Assume that February has 28 days) On what date does this note mature? Reg 1 Req 2 and 3 > uiz Saved Help Sav 2 & 3. What is the amount of interest expense in the current year and the following year from this note? 4. Prepare journal 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 ques tion by entering your answers in the tabs below. Req 1 Req 2 and 3 Req 4 What is the amount of interest expense in the current year and the following year from this note? (Use 360 days a year Round final answers to the nearest whole dollar.) Interest Expense Following Year Total through maturity Interest Expense Current Year Principal Rate (% ) Time Total interest Req 1 Req 4 1 areh Req 1 Req 2 and 3 Req 4 Prepare journal entries to record (a) issuance of the note, (b) accrual of interest on December 31, and (c) payment of the note maturity. (Use 360 days a year. Do not round intermediate calculations.) View transaction list 2 polnts Journal entry worksheet