Entries for notes payable Bennett Enterprises issues a $828,000, 30-day, 7%, note to Spectrum Industries for merchandise inventory. Assume a 360-day year. If required, round your answers to the nearest dollar. If an amount box does not require an entry, leave it blank. a. Journalize Bennett Enterprises' entries to record: 1. the issuance of the note. 2. the payment of the note at maturity. 1. Inventory 828,000 0 Notes Payable v 0 828,000 2. Notes Payable 828,000 0 Interest Expense 1. Cash