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You borrow $4,000 from the bank on March 1,2022 for 60 days at 6% interest....

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Accounting

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You borrow $4,000 from the bank on March 1,2022 for 60 days at 6% interest. 1. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity, including interest. 2. Using the same information as in part 1, assume that the note was discounted. Journalize the entries to record (a) the issuance of the note and (b) the payment of the note at maturity

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