Question $14$ of $20$

$\frac{-}{7\mathrm{.}5}$

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Gentry Wholesalers accepts from Vaughin Stores a $$14,280,4-$month, $10\%$ note dated May $31$ in settlement of Vaughn's overdue account. The maturity date of the note is September $30.$ What entry does Gentry make at the maturity date, assuming Vaughn pays the note and interest in full at that time?

Date Account Titles and Explanation

Debit

Credit

Sept. $30$

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