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Sylvestor Systems borrows $84,000 cash on May 15, 2017, by signing a 90-day, 7% note 1. On what date does this note mature? O August

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Sylvestor Systems borrows $84,000 cash on May 15, 2017, by signing a 90-day, 7% note 1. On what date does this note mature? O August 12, 2017 O August 13, 2017 o August 14, 2017 August 15, 2017 O August 16, 2017 2. Assume the face value of the note equals $84,000, the principal of the loan. (a) Prepare the journal entry to record issuance of the note. View transaction list Journal entry worksheet

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