Keesha Co. borrows $205,000 cash on December 1 of the current year by signing a 180-day, 11%, $205,000 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 Answer is not complete. Complete this question by entering your answers in the tabs below. Red 2 and 3 Reg4 What is the amount of interest expense in the current year and the following year from this note? (Use 360 days a year. Round hinal answers to the nearest whole dollar.) Total through maturity Interest Expense Current Year Interest Expense Following Year Principal Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Reg 4 What is the amount of interest expense in the current year and the following year from this note? (u Round final answers to the nearest whole dollar.) Total through maturity Interest Expense Current Year Interest Expense Following Year Principal Rate(%) Time 11% 11% 30/360 11% 30/360 Total interest Reg 1 Reg 2 and 3 Reg 4 Prepare journal entries to record (a) is guance of the note, (b) accrual of interest on December 31, and (c) payment of the note at maturity. (Use 360 days a year. Do not round intermediate calculations.) No General Journal Debit Credit Transaction (a) 1 205,000 Cash Notes payable 205,000 2 1,9153 Interest expense Interest payable 1,915 3 c Notes payable Interest expense Interest payable OOO 205,000 9,205 1,915 Cash 216,120