Question: Griffin Enterprises issues a $660,000, 45-day, 4% note to Romo Industries for merchandise inventory. a. Journalize Griffin Enterprises' entries to record: 1. The issuance of

Griffin Enterprises issues a $660,000, 45-day, 4% note to Romo Industries for merchandise inventory.
a. Journalize Griffin Enterprises' entries to record:
1. The issuance of the note.
2. The payment of the note at maturity.
b. Journalize Romo Industries' entries to record:
1. The receipt of the note.
2. The receipt of the payment of the note at maturity.

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