Saved Help Save & Exit Sube Check my w Keesha Co, borrows $285,000 cash on December 1, 2018, by signing a 150-day, 8% note with a face value of $285,000 1. On what date does this note mature? 2. & 3. What is the amount of interest expense in 2018 and 2019 from this note? 4. Prepare journal entries to record (al issuance of the note, (b) accrual of interest at the end of 2018, and payment of the note at maturity. (Assume no reversing entries are made.) Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Reg 4 What is the amount of interest expense in 2018 and 2019 from this note? (Use 360 days a year. Do not round intermediate calculations, Round final answers to the nearest whole dollar) Total Interest Interest through maturity Expense 2018 Expense 2019 $ 285,000 $ 285,000 $ 285,000 Principal Rate (96) Time Total interest 30/360 B Saved Help Save & Ent Check my won Reg 1 Reg 2 and 3 Reg 4 Prepare journal entries to record (a) issuance of the note, (b) accrual of interest at the end of 2018, and (c) payment of the note at maturity. (Assume no reversing entries are made.) (Use 360 days a year. Do not round intermediate calculations) View transaction list View journal entry worksheet NO Transaction General Journal 1 (a) Cash Notes payable Credit Debit 285,000 285.000 2 (6) Interest expense Interest payable 3 (c) 285.000 Notes payablo Interest payable Interest expense Cash