Question
Entries for notes payable Bennett Enterprises issues a $924,000, 45-day, 7%, note to Spectrum Industries for merchandise inventory. Assume a 360-day year. If required, round
Entries for notes payable Bennett Enterprises issues a $924,000, 45-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: the issuance of the note. the payment of the note at maturity. 1. Inventory fill in the blank a63575fb6f83fb5_2 fill in the blank a63575fb6f83fb5_3 Notes Payable fill in the blank a63575fb6f83fb5_5 fill in the blank a63575fb6f83fb5_6 2. Notes Payable fill in the blank a63575fb6f83fb5_8 fill in the blank a63575fb6f83fb5_9 Interest Expense fill in the blank a63575fb6f83fb5_11 fill in the blank a63575fb6f83fb5_12 Cash fill in the blank a63575fb6f83fb5_14 fill in the
blank a63575fb6f83fb5_15
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