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Kosha Co. borrows $135,000 cash on December 1 of the current year by signing a 90-day, 11% $35.000 note: 1. On what date does this

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Kosha Co. borrows $135,000 cash on December 1 of the current year by signing a 90-day, 11% $35.000 note: 1. On what date does this note mature? 2. & 3. What is the amount of interest expenso in the current year and the following year from this note? 4. Prepare journal entries to record(a) issuance of the note.) accrual of interest on December 31 and d payment of the note at maturity Complete this question by entering your answers in the tabs below. Reg 2 and Red On what date does this note mature? (Assume that rebus at 20 days) on what die doel is not man Reg On November 7, Mura Company borrows $190,000 cash by signing a 90-day, 12%, $190,000 note payable: 1. Compute the accrued interest payable on December 31, 2. & 3. Prepare the journal entry to record the accrued interest expense at December 31 and payment of the note at maturity on February 5 Complete this question by entering your answers in the tabs below. Reg1 HQ 2 and Compute the accnsed interest payable on December 31. (Use 360 days a year. Do not round your intermediate cakestations, Principal Rate(%) Time Interest Total through maturity Year and interest acon Interest recognized February % R2 and 3 >

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