Question: Give me Debt Inc. borrows a $12,000 note with 22% interest and 120 days until maturity on May 1st, 2020. Make the journal entry when

Give me Debt Inc. borrows a $12,000 note with 22% interest

Give me Debt Inc. borrows a $12,000 note with 22% interest and 120 days until maturity on May 1st, 2020. Make the journal entry when Give me Debit Inc. first borrows the note on May 1st, 2020: Make the journal entry when the note matures and Give me Debit Inc. has to pay it back

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