1 Exercise 9-3 Accounting for note payable LO P1 Sylvestor Systems borrows $142,000 cash on May 15 by signing a 90-day, 5%, $142,000 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. Interest at Maturity Required 1 Required 2A Required 25 Interest at Maturity Required 28 General Journal Principal Rate(%) Time Total interest On what date does this note mature? On what date does this note mature? View transaction list Journal entry worksheet Journal entry worksheet Record the issuance of the note. . Record the payment of the note at maturity. Note: Enter debits before credits. Note: Enter debits before credits General Journal Debit Credit Date May 15 Event General Journal Debit Credit 1 Record entry Clear entry View general Journal Record entry Clear entry View general Journal