Question: Exercise 9 - 5 ( Algo ) Inrerestbearing notes payable with year - end adfustmenks LO PU Keesha Company borrows $ 2 3 0 ,

Exercise 9-5(Algo) Inrerestbearing notes payable with year-end adfustmenks LO PU
Keesha Company borrows $230,000 cash on November 1 of the current year by signing a 150-day, 9%,$230,000 note.
On what date does this note mature?
What is the amount of interest expense in the current year and the following year from this note?
Prepare journal entries to record ((vec())) issuance of the note, (b) accrual of interest on December 31, and (c) payment of the note at maturity.
Complete this question by entering your answersin thechlis below.
Reg1
Reg2and 3
Req4
What is the amount of interest expense in the current year and the following year fiom thilsmote?
Notes Use 360 days a year. Do not round intermediate calculations and round final answers to the nearest whole dollars.
Req11
Req4
 Exercise 9-5(Algo) Inrerestbearing notes payable with year-end adfustmenks LO PU Keesha

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