Question: Keesha Company borrows ( $ 2 9 5 , 0 0 0 ) cash on November 1 of the current year by
Keesha Company borrows $ cash on November of the current year by signing a day, $ 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 a issuance of the note, b accrual of interest on December and c payment of the note at maturity. Complete this question by entering your answers in the tabs below. On what date does this note mature? Note: Assume that February has days. On what date does this note mature?
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