Keesha Company borrows $145,000 cash on November 1 of the current year by signing a 150 day, 12 ,$145,000 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 maturity Complete this question by entering your answers in the tabs below On what date does this note mature Note Assume that February has 28 days Keesha Company borrows $145,000 cash on November 1 of the current year by signing a 150 day, 12 ,$145,000 note 1 On what date does this note mature 2 3 What is the omount 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 maturity Complete this question by entering your answers in the tabs below What is the amount of interest expense in the current year and the following year from this note Note Use 360 days a year Do not round intermediate calculations and round final answers to the nearest whole dotlar maturity Note Use 360 days a year Do not round intermediate calculations Journal entry worksheet Record the issuance of the note on November 1 Note Enter debits before credits 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 Note Use 360 days a year Do not round intermediate calculations Journal entry worksheet Record the interest accrued on the note as of December 31, current year Note Enter debits before credits 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 Note Use 360 days a year Do not round intermediate caiculations Journal entry worksheet Record payment of the note at maturity, assuming no reversing entries were made on January 1 th Note Enter debits before credits

Question

Keesha Company borrows $145,000 cash on November 1 of the current year by signing a 150  day, 12 ,$145,000 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 maturity  Complete this question by entering your answers in the tabs below  On what date does this note mature  Note  Assume that February has 28 days  Keesha Company borrows $145,000 cash on November 1 of the current year by signing a 150 day, 12 ,$145,000 note  1  On what date does this note mature  2     3  What is the omount 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 maturity  Complete this question by entering your answers in the tabs below  What is the amount of interest expense in the current year and the following year from this note  Note  Use 360 days a year  Do not round intermediate calculations and round final answers to the nearest whole dotlar  maturity  Note  Use 360 days a year  Do not round intermediate calculations  Journal entry worksheet Record the issuance of the note on November 1  Note  Enter debits before credits  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  Note  Use 360 days a year  Do not round intermediate calculations  Journal entry worksheet Record the interest accrued on the note as of December 31, current year  Note  Enter debits before credits  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  Note  Use 360 days a year  Do not round intermediate caiculations  Journal entry worksheet Record payment of the note at maturity, assuming no reversing entries were made on January 1 th Note  Enter debits before credits

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Keesha Company borrows $145,000 cash on November 1 of the current year by signing a 150 -day, 12%,$145,000 note. 1. On what date does this

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