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On June 1, Carla Vista Co. Ltd. borrows $108,000 from Acme Bank on a 6-month, $108,000,4% note. The note matures on December 1 Prepare the

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On June 1, Carla Vista Co. Ltd. borrows $108,000 from Acme Bank on a 6-month, $108,000,4% note. The note matures on December 1 Prepare the entry at maturity (December 1), assuming monthly adjusting entries have been made through November 30 . (Credit account tities are automatically indented when amount is entered. Do not indent manually.)

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