Question: Entries for notes payable Bennett Enterprises issues a $720,000,60-day, 7%, note to 5 pectrum Industries for merchandise inventory. Assume a 360 -day year, if required,

Entries for notes payable Bennett Enterprises issues a $720,000,60-day, 7%, note to 5 pectrum Industries for merchandise inventory. Assume a 360 -day year, if required, round your answers to the nearest dollar.lf an amount box does not require an entry, leave it blank, a. Journalize Bennett Enterprises' entries to record: 1. the issuance of the

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