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eBook Show Me How Print Item Entries for discounted note payable Instructions Chart of Accounts Journal Instructions A business issued a 60-day note for $60,000 to a bank. The note was discounted at 8%. Joumalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity. Assume a 360-day your. Refer to the Chart of Accounts for exact worting or account titles Entries for discounted note payable Instructions Chart of Accounts Journal Instructions Journal a Journalize the entry to record the issuance of the note on March 1. Refer to the Chart of Accounts for exact wording of account files Shaded cells are free How does grading work? PAGES JOURNAL Score: 37/37 ACCOUNTING EQUATION DATE DESCRIPTION POST REF DERIT 1 Mat 1 CREDIT Cash LAMILIES FRUTY 59.200.00 ASSETS 1 2 Interest Expense 800.00 1 Notes Payable 60,000.00 1 Day Omore Check My Work uses remaining All work saved Save and Sut At for Journal D. Journalize the entry to record the payment of the note at maturity. Assume a 360-day year. Refer to the Chart of Accounts for exact wording of account titles Shade How does grading work? JOURNAL Score: 23/25 ACCOUNTING EQUE DATE DESCRIPTION POST. REF. DEBIT CREDIT LIABLE 1 1 60,000.00 May 1 Notes Payable Cash 2 60,000.00 . 1 Points Dekor Omore Check My Work uses remaining Submta All work saved