Sylvestor Systems borrows $161,000 cash on May 15 by signing a 150-day, 6%, $161,000 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 2B Required 1 Regulred 2A Interest at Maturity On what date does this note mature? Required 2B General Journal On what date does this note mature? Required 2A Sylvestor Systems borrows $161,000 cash on May 15 by signing a 150-day, 6%, $161,000 note. Help Save 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 2B Required 2B Required 1 Required 2A Interest at General Maturity Journal Prepare the entry to record issuance of the note. View transaction list Journal entry worksheet Record the issuance of the note. Sylvestor Systems borrows $161,000 cash on May 15 by signing a 150-day, 6%, $161,000 note. Help Sa- 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 2B Required 2B Required 1 Required 2A Interest at General Maturity Journal First, complete the table below to calculdve the interest expense at maturity. (Use 360 days a year. Round final answers to the nearest whole dollar.) Interest at Maturity Principal Rate (%) Time Total interest Sylvestor Systems borrows $161,000 cash on May 15 by signing a 150-day, 6%, $161000 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 2B Required 2B Required 1 Required 2A Interest at General Maturity Journal Required 2B General Journal Use those calculated values to prepare your door porr Uf the note at maturity. (Use 360 days a year. Round final answers to the nearest whole dollar.) View transaction list Journal entry worksheet
