Question: Entries for notes payable Bennett Enterprises issues a $588,000, 30-day, 8%, note to Spectrum Industries for merchandise inventory. Assume a 360 days in a year!

Entries for notes payable Bennett Enterprises issues a $588,000, 30-day, 8%, note to Spectrum Industries for merchandise inventory. Assume a 360 days in a year! If required, round your answers to the nearest dollar. If an amount box does not require an entry, leave it blank

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