EX 11-2 Entries for notes payable OBJ.1 Cosimo Enterprises issues a $260,000, 45-day, 5% note to Dixon Industries for merchan dise inventory. a. Journalize Cosimo Enterprises' entries to record: 1. the issuance of the note. 2. the payment of the note at maturity. b. Journalize Dixon Industries' entries to record: 1. the receipt of the note. 2. the receipt of the payment of the note at maturity. ydellinenew batamital 09