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On what date does this note mature

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Reference no: EM133071036

Question - Sylvestor Systems borrows $187,000 cash on May 15 by signing a 180-day, 6%, $187,000 note.

1. On what date does this note mature?

2-a. Prepare the entry to record issuance of the note.

2-b. First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare your entry to record payment of the note at maturity.

Reference no: EM133071036

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