The journal entry to record the payment of the amount due on a $4,000 face value, 60-day, 6 percent note, would include a debit to Notes Payable for $4,000.

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When the amount due on a note is paid, the Notes Payable account is debited for the face value of the note. In this case, the face value of the note is $4,000, so the journal entry would include a debit to Notes Payable for $4,000.

The Journal Entry to Record the Payment of the Amount