Question: need help please be right, will thumbs up Bennett Enterprises issues a $948,000,60-day, 7%, note to Spectrum Industries for merchandise inventory. Assume a 360 -day

need help please be right, will thumbs up

Bennett Enterprises issues a $948,000,60-day, 7%, note to Spectrum Industries for merchandise inventory. Assume a 360 -day 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. b. Journalize Spectrum Industries' entries to record: 1. the receipt of the note. 2. the receipt of the payment of the note at maturity. On June 8, Williams Company issued an $78,068,12%,120-day note payable to Brown industries. Assuming a 360 -day year for your calculations, what is the maturity value of the note? When required, round your aniswer to the nearest dollar. a. $9,368 b. $81.191 c. $78,068 d. 587.436

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