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Please answer ASAP Exerclse 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $61,000 cash on May 15 by signing a 60-day, 7%,
Please answer ASAP Exerclse 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $61,000 cash on May 15 by signing a 60-day, 7\%, $61,000 note. 1. On what dote does this note mature? 2-a. Prepare the entry to record issuance of the note. 2.b. First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare your entry to record payment of the note at maturity. Complete this question by entering your answers in the tabs below. On what dote doen this note mature? Journal entry worksheet Note: Enter debits before credits First, complete the table below to calculate the interest expense at maturity. (Use 360 days a year. Round final nearest whole doliar.) Journal entry worksheet Record the payment of the note at maturity. Note: Enter debits before credits
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