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mework Saved Keesha Co, borrows $150,000 cash on November 1, 2018, by signing a 90-day, 10% note with a face value of $150,000. 1. On

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mework Saved Keesha Co, borrows $150,000 cash on November 1, 2018, by signing a 90-day, 10% note with a face value of $150,000. 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in 2018 and 2019 from this note? 4. Prepare journal entries to record (a) issuance of the note. (b) accrual of interest at the end of 2018, and ( payment of the note at maturity. (Assume no reversing entries are made.) Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Reg 4 Prepare journal entries to record (a) Issuance of the note, (b) accrual of interest at the end of 2018, and (c) payment of the note at maturity. (Assume no reversing entries are made.) (Use 360 days a year. Do not round Intermediate calculations.) View transaction list Journal entry worksheet ences Record payment of the note at maturity, assuming no reversing entries were made on January 1. Note: Enter debits before credits Credit Debit 150,000 2.500 General Journal Notes payable interest payable (c) Prey 1 of 5 !!! Next >

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