On November 30, ABC corporation borrows $77,000 from the bank by signing a 60 day, 5% note agreement.  Round values to 2 decimal places.

a)  Calculate the maturity date of the note.

Select an answer January February March April May June July August September October November December

b) Calculate the interest that should be accured on this note at December 31st and write the journal entry to record the accrual.