Question: please complete the required journal entries Accounts and Notes Payable On February 15, Barbour Industries buys $800,000 of imventory on credit. On March 31, Barbour
please complete the required journal entries
Accounts and Notes Payable On February 15, Barbour Industries buys $800,000 of imventory on credit. On March 31, Barbour approaches its supplier because it cannot pay the $800,000. The supplier agrees to roll the amount into a note due on september 30 with 10% interest. Required: Prepare the necessary joumal entries from february is through payment on September 30 . For those boxes in which no entry is required, leave the box blank
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