Question: Ch. 9-Homework 3 Exercise 9-3 Accounting for note payable LO P1 166 Sylvester Systems borrows $139,000 cash on May 15, 2017, by signing a 60-day,
Ch. 9-Homework 3 Exercise 9-3 Accounting for note payable LO P1 166 Sylvester Systems borrows $139,000 cash on May 15, 2017, by signing a 60-day, 6% note. 1. On what date does this note mature? July 13, 2017 O July 14, 2017 O July 15, 2017 July 16, 2017 D July 17, 2017 ererences 2. Assume the face value of the note equals $139,000, the principal of the loan. (e) Prepare the journal entry to record issuance of the note. View transaction ist Journal entry worksheet Record the Issuance of the note. May 15
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