Question: Entries for notes payable Bennett Enterprises issues a $420,000, 60-day, 9%, note to Spectrum Industries for merchandise inventory. Assume a 360-day year. If required, round

Entries for notes payable Bennett Enterprises issues a $420,000, 60-day, 9%, note to Spectrum Industries for merchandise inventory. Assume a 360-day year. If required, round your answers to the neares...

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