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Sylvestor Systems borrows $175,000 cash on May 15, 2017. by signing a 60-day, 6% note. On what date does this note mature? July 13, 2017

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Sylvestor Systems borrows $175,000 cash on May 15, 2017. by signing a 60-day, 6% note. On what date does this note mature? July 13, 2017 July 14, 2017 July 15, 2017 July 16, 2017 July 17, 2017 Assume the face value of the note equals $175,000, the principal of the loan. (a) Prepare the journal entry to record issuance of the

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