Sylvestor Systems borrows $99.000 cash on May 15 by signing a 90-day, 4%, $99,000 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.

Help Save & Exit Submit Check my work Sylvestor Systems borrows $99,000 cash on May 15 by signing a 90-day, 4% , $99,000 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 Interest at Maturity Required 2B General Journal Required 1 Required 2A On what date does this note mature? On what date does this note mature? > Required 2A ces Check my work Sylvestor Systems borrows $99,000 cash on May 15 by signing a 90-day, 4 %, $99 ,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 Interest at Required 2B General Journal Required 1 Required 2A nt Maturity Prepare the entry to record issuance of the note. rint View transaction list Cerences Journal entry worksheet 1 Record the issuance of the note. Note: Enter debits befere credits Date General Jourmal Debit Credit May 15 Check my work Sylvestor Systems borrows $99,000 cash on May 15 by signing a 90-day, 4 % , $99,000 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 B Interest at Maturity Required 2B General Journal Required 1 Required 2A First, complete the table below to calculate the interest expense at maturity. (Use 360 days a year. Round final answers to the nearest who rint Interest at Maturity Principal erences Rate (%) Time Total interest