Need help finishing account question.
Keesha Company borrows $210,000 cash on November 1 of the current year by signing a 150 -day, 7%,$210,000 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 at 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 $210,000 cash on November 1 of the current year by signing a 150-day, 7\%, $210,000 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 at 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 folfowing year from this note? Note: Use 360 days a year. Do not round intermediate calculations and round final answers to the nearest whole dollar. Ceesha Company borrows $210,000 cash on November 1 of the current year by signing a 150 -day, 7%,$210,000 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 (d) issuance of the note, (b) accrual of interest on December 31, and (c) payment of the note at maturity. Complete this question by entering your answers in the tabs below. Prepare journal entries to record (a) issuance of the note, (b) acerual 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 the issuance of the note on November 1. Fotet Enter debits before eredits. Keesha Company borrows $210,000 cash on November 1 of the current year by signing a 150-day, 7\%, $210,000 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 at maturity. Complete this question by entering your answers in the tabs below. Prepare joumal 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 yeat. Hater Enter debits belore oredits. maturity Complete this question by entering your answers in the tabs below. 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: U50 360 days a year. Do not round intermediate calculations. Journal entry worksheet Record payment of the note at maturity, assuming no reversing entrien were made on January 1. t dotel Enter debits before aredits