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Cosimo Enterprises issues a $260.000, 45-day, 5% note to Dixon Industries for merchandise inventory Required: A Journalize Cosimo Enterprises entries to record (refer to the company's Chart of Accounts for exact wording of account is): 1. the issuance of the note on January 1. 2. the payment of the note at maturity Assume a 360-day year B. Joumalize Dixon Industries entries to record (refer to the company's Chart of Accounts for exact wording of account ines): 1. he receipt of the note on January 1. 2. the receipt of the payment of the note af maturity. Assume a 360-day year Journal-Cosimo Enterprises A. Joumalize Cosimo Enterprises entries to record (refer to the company's Chart of Accounts for exact wording of account Mes): 1. the issuance of the note on January 1. 2. the payment of the note at maturity on February 15. Assume a 360-day year. PAGE 1 ACCOUNTING EQUATION JOURNAL DATE DESCRIPTION DEBIT CREDIT ASSETS LIABILITIQUITY 5 4 5 Journal-Dixon Industries B. Joumaine Dion Industries'antries to record (refer to the company's Chart of Accounts for exact wording of accounts: 1. the receipt of the note on January 1. 2. the receipt of the payment of the note at maturity on February 15. Assume a 360-day year PAGE 2 ACCOUNTING EQUATION JOURNAL DATE DESCRIPTION P85 DEBIT CREDIT ASSETS LIABILITIIEQUITY 1 2 5 4 5