Question: Entries for notes payable Bennett Enterprises issues a $936,000,60-day, 6%, note to Spectrum Industries for merchandise inventory. Assume a 350 days in a year. If

$Entries for notes payable Bennett Enterprises issues a $936,000,60-day, 6\%, note$

Entries for notes payable Bennett Enterprises issues a $936,000,60-day, 6\%, note to Spectrum Industries for merchandise inventory. Assume a 350 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. a. Journalize Bennett Enterprises' entries to record: 1. the issuance of the note. 2. the payment of the note at maturity. b. Joumalize Spectrum 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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