Exercise 9-5 (Static) Interest-bearing notes payable with year-end adjustments LO P1 Keesha Co. borrows $200,000 cash on November 1 of the current year by signing a 90-day, 9%, $200,000 note. 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in the current year and the following year from this note? 4. Prepare journal entries to record (a) issuance of the note, (b) accrual of interest on December 31, and () payment of the note at maturity Complete this question by entering your answers in the tabs below. Req and 34 On what date does this note mature? On what date does this note mature?

Exercise 9-5 (Static) Interest-bearing notes payable with year-end adjustments LO P1 Keesha Co. borrows $200,000 cash on November 1 of the current year by signing a 90-day, 9%, $200,000 note. 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in the current year and the following year from this note? 4. Prepare journal entries to record(a) issuance of the note. (6) accrual of interest on December 31, and ( payment of the note at maturity Complete this question by entering your answers in the tabs below. Req Reg 2 and 3 Reg 4 On what date does this note mature? On what date does this note mature? Req 2 and 3 > Exercise 9-5 (Static) Interest-bearing notes payable with year-end adjustments LO P1 Keesha Co, borrows $200,000 cash on November 1 of the current year by signing a 90-day, 9%. $200,000 note, 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in the current year and the following year from this note? 4. Prepare journal entries to record(a) issuance of the note. (b) accrual of interest on December 31, and a payment of the note at maturity ped Complete this question by entering your answers in the tabs below. ant nes Reg1 Reg 2 and 3 Reg 4 What is the amount of interest expense in the current year and the following year from this note? (Use 360 days a year. Do not round intermediate calculations.) Total through maturity Interest Interest Expense Expense Current Year Following Year Principal Rate(%) Time Total interest Check my work 5 Reg! Reg 2 and 3 Prepare journal entries to record la) issuance of the note, (b) accrual of interest on December 31, and (c) payment of the hote at maturity View transaction fiet Journal entry worksheet > Record the issuance of the note on November More General Journa Dabe Credit Transaction 0) View general journal Record entry Clear