Question: Need help Help Say Saved ode: Chapter 11: Homework Problems Exercise 11-4 Interest-bearing notes payable with year-end adjustments LO P1 Keesha Co. borrows $100,000 cash

Need help  Need help Help Say Saved ode: Chapter 11: Homework Problems Exercise
11-4 Interest-bearing notes payable with year-end adjustments LO P1 Keesha Co. borrows
$100,000 cash on November 1 of the current year by signing a

Help Say Saved ode: Chapter 11: Homework Problems Exercise 11-4 Interest-bearing notes payable with year-end adjustments LO P1 Keesha Co. borrows $100,000 cash on November 1 of the current year by signing a 90-day, 9%, $100,000 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 (c) payment of the note at maturity. Complete this question by entering your answers in the tabs below. Req 1 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. Round final answers to the nearest whole dollar.) Total through maturity Interest Expense Current Year Interest Expense Following Year Principal Saved tudy Mode: Chapter 11: Homework Problems 2 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 (c) payment of maturity. 0 soints Complete this question by entering your answers in the tabs below. eBook Req 1 Req 2 and 3 Req4 Hint Print What is the amount of Interest expense in the current year and the following year from this note? (Use 360 days a year. Round final answers to the nearest whole dollar.) References Total through maturity Interest Expense Current Year Interest Expense Following Year Principal Rate(%) Time Total interest Help Save & E Saved ade: Chapter 11: Homework Problems Chec View transaction list Journal entry worksheet 1 2 3 OK Record the issuance of the note on November 1. 1 ances Note: Enter debits before credits General Journal Dobit Credit Transaction (a) Record entry Clear en View general journal

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