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please answer clearly. Sylvestor Systems borrows $55,000 cash on May 15 by signing a 120-day, 6%, $55,000 note, 1. On what date does this note

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Sylvestor Systems borrows $55,000 cash on May 15 by signing a 120-day, 6%, $55,000 note, 1. On what date 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. Required 1 Required 2A Required 2B Interest at Maturity Required 28 General Journal On what date does this note mature? On what date does this note mature? Septem> 12 Required 1 Required 2A > Sylvestor Systems borrows $55,000 cash on May 15 by signing a 120-day, 6%, $55,000 note 1. On what date does this note mature? 2. 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. Required 1 Required 2A Required 28 Interest at Maturity Required 2B General Journal Prepare the entry to record issuance of the note. View transaction list View journal entry yorksheet No Date General Journal Debit Credit 1 May 15 No Transaction Recorded Sylvestor Systems borrows $55,000 cash on May 15 by signing a 120-day, 6%, $55,000 note 1. On what date does this note mature? 20. 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. Required 2B Required 28 Required 1 Required 2A Interest at General Maturity Journal First, complete the table below to calculate the interest expense at maturity. (Use 300 days a year. Round toal answers to the nearest whole dollar.) Interest at Maturity Principal Rate(%) Time Total Interest 9-12 0 Saved Sylvestor Systems borrows $55,000 cash on May 15 by signing a 120-day, 6%. $55,000 note 1. On what date does this note mature? 2-0. 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. Required 28 Required 28 Required 1 Required 2A Interest at General Maturity Joula Use those calculated values to prepare your entry to record payment of the note at maturity. (US 360 days a year round final answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the payment of the note at maturity Note: Enter debits before credits Event General Journal Debit Credit

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