Accounting Free Hw QAs

On September 1, 2021, Daylight Donuts signed a $100,000, 9%, six-month note payable with the amount borrowed plus accrued interest due six months later on Mar, 2022. Daylight Donuts records the appropriate adjusting entry for the note on December 31, 2021. In recording the payment of the note plus accrued interest at maturity on Mar, 2022, Daylight Donuts would: (Do not round your intermediate calculations.)