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3. Pedroni Enterprises issues a $260,000, 45 day 5 % note to Zorzi Industries for merchandise inventory a. Journalize Pedroni Enterprises entries to record: 1.

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3. Pedroni Enterprises issues a $260,000, 45 day 5 % note to Zorzi Industries for merchandise inventory a. Journalize Pedroni Enterprises entries to record: 1. The issuance of the note 2. The payment of the note at maturity b. Journalize Zorzi Industries entries to record: 1. The receipt of the note 2. Receipt of the payment of the note at maturity

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