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Trista and Co. borrowed $380,000 on December 1, 2023, for 90 days at 5% interest by signing a note to buy jewellery irventory. 1. On
Trista and Co. borrowed $380,000 on December 1, 2023, for 90 days at 5% interest by signing a note to buy jewellery irventory. 1. On what date will this note mature? Maturiviatio 2. How much interest expense is created by this note in 2023 ? (Use 365 doys a year. Do not round intermediate calculations and round the final answer to 2 decimal places.) Interest expense 4. Prepare the journal entries on December 1. December 31 (Trista and Co.'s year-end), and the maturity date. (Use 365 doys a year. Do not round intermediote calculations and round the final answer to 2 decimal places.) Journal entry worksheet
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