Entries for botes payable Bennett Enterprises issues a $432,000, 30 day, 7%, note to Spectrum Industries for merchandise inventory Assume a 360-day year. If required, round your answers to the nearest dollag for a compound transaction, an amount box does not recen entry, leave it tlak . Journalue Bennett Enterprises entries to record 1. the issuance of the note 2. the payment of the note at maturity 1. Inventory Notes Payable . Notas Payable interest . HII Feedback Oy War If you were the borrower how much would you be leaving with in proceeds? What does the ability to be recorded at Learning objective 1 b. Journalize Spectrum Industries entries to record 1 the receipt of the note 2 the receipt of the payment of the note at matunt Feedback Check My Work If you were the borrower how much would you be leaving with in proceeds? What does the liability always Learning Objective 1. b. Journalize Spectrum Industries' entries to record: 1. the receipt of the note. 2. the receipt of the payment of the note at maturity 1. Notes Receivable Sales 2. Cash Notes Receivable Interest Revenue Feedback Feedback Entries for botes payable Bennett Enterprises issues a $432,000, 30 day, 7%, note to Spectrum Industries for merchandise inventory Assume a 360-day year. If required, round your answers to the nearest dollag for a compound transaction, an amount box does not recen entry, leave it tlak . Journalue Bennett Enterprises entries to record 1. the issuance of the note 2. the payment of the note at maturity 1. Inventory Notes Payable . Notas Payable interest . HII Feedback Oy War If you were the borrower how much would you be leaving with in proceeds? What does the ability to be recorded at Learning objective 1 b. Journalize Spectrum Industries entries to record 1 the receipt of the note 2 the receipt of the payment of the note at matunt Feedback Check My Work If you were the borrower how much would you be leaving with in proceeds? What does the liability always Learning Objective 1. b. Journalize Spectrum Industries' entries to record: 1. the receipt of the note. 2. the receipt of the payment of the note at maturity 1. Notes Receivable Sales 2. Cash Notes Receivable Interest Revenue Feedback Feedback