Question

journal entry worksheet
a
record the payment of the note at maturity.
note: enter debits before credits.
date general journal debit credit
maturity

Explanation:

Step1: Identify accounts affected

When a note is paid at maturity, the Notes Payable account is debited to reduce the liability, and the Cash account is credited as cash is being paid out.
Debit: Notes Payable (amount of the note)
Credit: Cash (amount of the note)
If there is any accrued but unpaid interest, an additional entry is made. Debit the Interest Expense (for the accrued interest amount) and Credit Cash (for the total amount of principal + interest).
Assuming no accrued - interest for simplicity:

Date	General Journal	Debit	Credit
	Cash		[Principal amount of note]

Answer:

Date	General Journal	Debit	Credit
	Cash		[Principal amount of note]