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CI Exercise 11-4 Interest-bearing notes payable with year-end adjustments LO P1 Keesha Co. borrows $170,000...

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CI Exercise 11-4 Interest-bearing notes payable with year-end adjustments LO P1 Keesha Co. borrows $170,000 cash on December 1 of the current year by signing a 120-day, 8%, $170,000 note, 1. On what date does this note mature? 2.8 3. What is the amount of Interest expense in the current year and the following year from this noto? 4. Prepare journal entries to record (a) issuance of the note. (6) 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. Reg1 Reg 2 and 3 Reg 4 Prepare Journal entries to record (o) Issuance of the note, (b) accrual of interest on December 31, and (c) payment of the note at maturity. (Use 360 days a year. Do not round Intermediate calculations) View transaction list View Journal entry worksheet General Journal Transaction (n) Debit Credit 1 Cash Notes payable 2 (b) Interest expense Interest payable (02 Interest expense Interest payable Nous payable Cash

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