Question: pleae help!! Entries for notes payable Bennett Enterprises issues a $744,000, 60 day, 9%, note to Spectrum Industries for merchandise inventory Assume a 360-day year.
Entries for notes payable Bennett Enterprises issues a $744,000, 60 day, 9%, note to Spectrum Industries for merchandise inventory Assume a 360-day year. It required, round your answers to the nearest dollar. For a compound transaction, if an amount box does not require an entry, leave it blank, - Journalize Bennett Enterprises entries to record: 1. the issuance of the note. 2. the payment or the note at maturity 1 WIB b. Journalize Spectrum Industries' entries to recoged 1. the receipt of the note 2. the receipt of the payment of the note at maturity 1 2
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