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Entries for notes payable Bennett Enterprises issues a $ 7 6 8 , 0 0 0 , 6 0 - day, 9 % , note
Entries for notes payable
Bennett Enterprises issues a $day, note to Spectrum Industries for merchandise inventory.
Assume a day year. If required, round your answers to the nearest dollar.If an amount box does not require an entry, leave
a Journalize Bennett Enterprises' entries to record:
the issuance of the note.
the payment of the note at maturity.
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
18th edition
125969240X, 978-1259692406
