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Sylvestor Systems borrows $134,000 cash on May 15 by signing a 90-day, 6%, $134,000 note 1. On what date does this note mature? 2-a. Prepare
Sylvestor Systems borrows $134,000 cash on May 15 by signing a 90-day, 6%, $134,000 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 28 Required 1 Required 2A Interest at Maturity On what date does this note mature? Required 28 General Journal On what date does this note mature Required 2A > Complete the question by a terme answers in the tabbelow. Required an Required Rexurdt Regard 2A Inst Gel Journal Prepare the entry to recordance of the note View transaction Journal entry worksheet Record the ance of the note Notes before Dube Credit May 18 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 Journal First, complete the table below to calculate the interest expense at maturity. (Use 360 days a year round final answer to the nearest whole dollar) interesat Maturity Principal Rate() Time Total interest
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