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Sylvestor Systems borrows $162,000 cash on May 15, 2017, by signing a 150-day, 5% note. 1. On what date does this note mature? O October

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Sylvestor Systems borrows $162,000 cash on May 15, 2017, by signing a 150-day, 5% note. 1. On what date does this note mature? O October 11, 2017 October 12, 2017 October 13, 2017 O October 14, 2017 O October 15, 2017 2. Assume the face value of the note equals $162,000, the principal of the loan. (a) Prepare the journal entry to record issuance of the note. View transaction list Journal entry worksheet 1 Record the issuance of the note. Note: Enter debits before credits Date General Journal Debit Credit May 15

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