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Sylvestor Systems borrows $67,000 cash on May 15, 2015, by signing a 60-day, 5% note. 1. On what date does this note mature? July 13,
Sylvestor Systems borrows $67,000 cash on May 15, 2015, by signing a 60-day, 5% note. 1. On what date does this note mature? July 13, 2015 O July 14, 2015 July 15, 2015 July 16, 2015 July 17, 2015 2. Assume the face value of the note equals $67,000, the principal of the loan. (a) Prepare the journal entry to record issuance of the note. view transaction list view general journal Journal Entry Worksheet Recod the issuance of the note. Debit Credit General Journal Date May 15
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