Question: Check my work Exercise 11-3 Accounting for note payable LO P1 Sylvestor Systems borrows $110,000 cash on May 15 by signing a 60-day, 12%, $110,000

 Check my work Exercise 11-3 Accounting for note payable LO P1
Sylvestor Systems borrows $110,000 cash on May 15 by signing a 60-day,
12%, $110,000 note. 1. On what date does this note mature? 2-a.

Check my work Exercise 11-3 Accounting for note payable LO P1 Sylvestor Systems borrows $110,000 cash on May 15 by signing a 60-day, 12%, $110,000 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. (Use 360 days a year. Round final answers to the nearest whole dollar.) Complete this question by entering your answers in the tabs below. Required 28 Required 28 Required 1 Required 2A Interest at General Maturity Journal Prepare the entry to record issuance of the note. View transaction list Journal entry worksheet 1 Record the issuance of the note. es Required 1 Required 2A Required 2B Interest at Maturity Required 2B General Journal First, complete the table below to calculate the intereste nearest whole dollar.) Interest at Maturity Principal Rate (%) Time Total interest

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