Entries for discounting notes payable Journal-Buckner Instructions Chart of Accounts-Ramsey Chart of Accounts-Buckner Ind. Journal-Ramsey Instructions Ramsey Company issues an 5025,000, 45-day note to Buckner Company for merchandise inventory. Buckner discounts the note at 10% Required: A Journalize Ramsey's entries to record (refer to the company's Chart of Accounts for exact wording of account billes). 1. the issuance of the note on January 1 2. the payment of the note at maturity Assume a 360-day year B. Journalce Buckner's entries to record (refer to the company's Chart of Accounts for exact wording of account titles) 1. the receipt of the note on January 1. 2. the receipt of the payment of the note at maturity. Assume a 360-day year Check My Work 1 more Check cowy World Check my war wars remaining on uses remang