please help Sylvestor Systems borrows $108,000 cash on May 15,...

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Sylvestor Systems borrows $108,000 cash on May 15, 2018, by signing a 90-day. Th note 1. On what cate does this note mature? 2. Assume the face value of the note equals $108.000, the pencipal of the loan. (a) Prepare the joumal entry to record issuance of the note (b) First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare your journal entry to record payment of the note at maturity. Complete this question by entering your answers in the tabs below. Assume the face value of the note equals $108,000, the principal of the loan. First, complete the table below to calculate the interest expense at maturity Sylvestor Systems borrows $108,000 cash on May 15, 2018, by signing a 90-day, 7% note 1. On what date does this note mature? 2. Assume the face value of the note equals $108,000, the principal of the loan (a) Prepare the journal entry to record issuance of the note. (b) First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare y entry to record payment of the note at maturity. Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your journal entry to record payment of the note at maturity. (Use 360 days a year. Ro answers to the nearest whole dollan)

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