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Help asap please Sylvestor Systems borrows $110,000 cash on May 15, 2017, by signing a 60-day, 12% note. 1On what date does this note mature?
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Sylvestor Systems borrows $110,000 cash on May 15, 2017, by signing a 60-day, 12% note. 1On what date does this note mature? July 11, 2017 July 13, 2017 o July 14, 2017 OJuly 15, 2017 O July 16, 2017 2. Assume the face value of the note equals $110,000, the principal of the loan. (a) Prepare the journal entry to record issuance of the note. View transaction list Journal entry worksheet Record the issuance of the note Note: Enter debits before credits Step by Step Solution
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