Sylvestor Systems borrows $129,000 cash on May 15 by signing a 90 day, 8%. $129.000 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 expente at matunty. 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 20 Required Required 2A Interestat Maturity On what date does this note mature? Required 20 General Journal On what date does this note mature? Required 2A > 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, Required 20 Required 20 RequiredRequired interest at General Maturity Journal Prepare the entry to record issuance of the note. View transaction list View journal entry worksheet *** No General Journal Credit Date May 15 Debit 12.900 1 Cash Notes payable 129,000 Sylvestor Systems borrows $129.000 cash on May 15 by signing a 90-day 8%. $129.000 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 or the note at maturity Complete this question by entering your answers in the tabs below. Required 28 Required 28 Required 1 Required 2A Intedostat General Maturity Journal First, complete the table below to calculate the interest expense at maturity. Use 360 days a year. Round Anal answers to the nearest whole dollar) Interest at Maturity Principal Rate (96) Time Total interest 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 28 Required 2B Required 1 Required 2A Interest at General Maturity Jounal Use those calculated values to prepare your entry to record payment of the nate at maturity. (Use 360 days a year. Round ninal answers to the nearest whole dollar) View transaction list View Journal entry worksheet NO Event General Journal Debit Credit 1 Notes payable Interest expenso Cash 129.000 B60 129,800
