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please do full question Trista and Co. borrowed $240,000 on December 1,2023 , for 90 days at 8% interest by signing a note to buy
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Trista and Co. borrowed $240,000 on December 1,2023 , for 90 days at 8% interest by signing a note to buy jewellery inventory. 1. On what date will this note mature? 2. How much interest expense is created by this note in 2023 ? (Use 365 days a year. Do not round intermediate calculations and round the final answer to 2 decimal places.) 3. How much interest expense is created by this note in 2024? (Use 365 days a year. Do not round intermediate calculations and round the final answer to 2 decimal places.) 4. Prepare the journal entries on December 1, December 31 (Trista and Co.'s year-end), and the maturity date. (Use 365 days a year. Do not round intermediate calculations and round the final answer to 2 decimal places.) Journal entry worksheet Record the signing of a $240,000 note payable for 90 days at 8% interest. Note: Enter debits before credits. Journal entry worksheet Record the accrued interest at year-end. Note: Enter debits before credits. Journal entry worksheet Note: Enter debits before credits
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