On May 15, Brandy Co. issues a 150-day, 5%, $140,000 note to a bank for a loan. 1. Compute the maturity date of the note. 2-a. Record the journal entry for the issuance of the note. 2-b. First, calculate the interest expense at maturity, Then prepare your entry to record payment of the note at maturity. Complete this question by entering your answers in the tabs below. Required 2B Required 1 Required 2A Interest at Maturity On what date does this note mature? Required 2B General Journal On what date does this note mature? Required 2B Required 2B Required 1 Required 2A Interest at General Maturity Journal Prepare the entry to record issuance of the note. View transaction list Journal entry worksheet 1 Record the issuance of the note. Note: Enter debits before credits. Date General Journal Debit Credit May 15 Record entry Clear entry View general journal Required 1 Required 2A Required 2B Interest at Maturity Required 2B General Journal First, complete the table below to calculate the interest exp the nearest whole dollar.) Interest at Maturity Principal Rate (%) Time Total interest Required 2B Required 2B Required 1 Required 2A Interest at General Maturity Journal Use those calculated values to prepare your entry to record payment of the note at maturity. (Use 360 to the nearest whole dollar.) View transaction list Journal entry worksheet