Exercise 8-36 Accounts and Notes Payable On February 15, Barbour Industries buys $800,000 of inventory on credit. On March 31, Barbour approaches its supplier because it cannot pay the $800,000. The supplier agrees to roll the amount into a note due on September 30 with 10 percent interest. c ommunicera con de vos como es un Prepare the necessary journal entries from February 15 through payment on September 30. If an amount box does not require an entry, leave it either blank or enter "o". Feb. 15 Inventory 800000 Accounts Payable 800000 (Record purchase of inventory on credit) Mar. 31 Accounts Payable 800000 Notes Payable - (Record issuance of note to cover unpaid account payable) 3 Sept. 30 totes Payable @ 3 Interest Caense @ 3 [Record payment of note and interest)