Entries for notes payable Cosimo Enterprises issues a $260,000, 45-day, 5% note to Dixon Industries for merchandise inventory. Assume a 360-day year. For a compound transaction, if an amount box does not require an entry, leave it blank. a. Journalize Cosimo Enterprises' entries to record: 1. 1. the issuance of the note. 2. the payment of the note at maturity. 2. b. Journalize Dixon Industries' entries to record: 1. the receipt of the note. 2. the receipt of the payment of the note at maturity. 2