meed done asap!! THE Company signs a 120-day Note Payable for $270,000 cash on December 1 of the current year. The interest rate on the note payable is 9%. 1. On what date does this note mature? (if necessary - Feb. has 28 days) 2. Prepare journal entries to record (a) issuance of the $270,000 note (b) accrual of interest on December 31 (c) payment of the note at maturity

THE Company signs a 120-day Note Payable for $270.000 cash on December 1 of the current year. The interest rate on the note payable is 9%. 2. Prepare journal entries to record (a) issuance of the $270.000 note (C) payment of the note at maturity