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Mercedes Boats borrowed $130,000 on September 15, 2020, for 45 days at 10% Interest by signing a note 1. On what date will this note
Mercedes Boats borrowed $130,000 on September 15, 2020, for 45 days at 10% Interest by signing a note 1. On what date will this note mature? Maturity date 2. How much interest expense is created by this note? (Use 365 days a year. Do not round intermediate calculations and round the final answer to 2 decimal places.) 2. How much interest expense is created by this note? (Use 365 days a year. Do not round intermediate calculations and round the final answer to 2 decimal places.) Interest expense 3. Prepare the journal entries for September 15, 2020, and the maturity date. (Use 365 days a year. Do not round intermediate calculations and round the final answers to 2 decimal places.) View transaction list Journal entry worksheet 3. Prepare the journal entries for September 15, 2020, and the maturity date. (Use 365 days a year. Do not round intermediate calculations and round the final answers to 2 decimal places.) View transaction list 1 Record the signing of a $130,000 note payable for 45 days at 10% interest. 2 Record the payment of note. ferest. Credit
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