Keesha Co. borrows $255,000 cash on November 1 of the current year by signing a 90-day, 9%, $255.000 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. 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? (Use 360 days a year Round final answers to the nearest whole dollar) Total through maturity Interest Expense Current Year Interest Expense Following Year $ 255,000 $ 096 255.000 5 0% 255.000 996 Principal Rate (16) Time Total interest 80/300 (Regt R4 > Prex Next > Saved Keesha Co. borrows $255,000 cash on November 1 of the current year by signing a 90-day 9%, $255,000 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 icl payment of the note a maturity. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Reg 4 On What date does this note mature? (Assume that February has 28 days) On what date does this note mature? January 30 Reg 2 and 3 >