Question: A $75,000 note payable is signed on July 8 and is due in 60 days. The interest rate on the note is 4.5%. What is

A $75,000 note payable is signed on July 8 and is due in 60 days. The interest rate on the note is 4.5%. What is the maturity date of this note and what journal entry would be made to pay the note off on the maturity date? (Round your answers to the nearest whole cent.)

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