Question: Exercise 9-3 Accounting for note payable LO P1 Sylvestor Systems borrows $88,000 cash on May 15, 2017, by signing a 60-day, 7% note. 1. On

Exercise 9-3 Accounting for note payable LO P1 Sylvestor Systems borrows $88,000 cash on May 15, 2017, by signing a 60-day, 7% note. 1. On what date does this note mature? O July 13, 2017 O July 14, 2017 O July 15, 2017 O July 16, 2017 o July 17, 2017 es 2. Assume the face value of the note equals $88,000, the principal of the loan. (a) Prepare the journal entry to record issuance of the note. View transaction list Journal entry worksheet Record the issuance of the

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