Entries for Discounting Notes Payable Ramsey Company issues an $800,000, 45-day note to Buckner Company for merchandise inventory. Buckner discounts the note at 7%. Assume a 360-day year. If an amount box does not require an entry, leave it blank. a.  Journalize Ramsey’s entries to record: the issuance of the note. the payment of the note at maturity. 1.   fill in the blank e8d3e1f82fcbfe5_2 fill in the blank e8d3e1f82fcbfe5_3     fill in the blank e8d3e1f82fcbfe5_5 fill in the blank e8d3e1f82fcbfe5_6     fill in the blank e8d3e1f82fcbfe5_8 fill in the blank e8d3e1f82fcbfe5_9 2.   fill in the blank e8d3e1f82fcbfe5_11 fill in the blank e8d3e1f82fcbfe5_12     fill in the blank e8d3e1f82fcbfe5_14 fill in the blank e8d3e1f82fcbfe5_15 b.  Journalize Buckner’s entries to record: the receipt of the note. the receipt of the payment of the note at maturity. 1.   fill in the blank 71375d037f88056_2 fill in the blank 71375d037f88056_3     fill in the blank 71375d037f88056_5 fill in the blank 71375d037f88056_6     fill in the blank 71375d037f88056_8 fill in the blank 71375d037f88056_9 2.   fill in the blank 71375d037f88056_11 fill in the blank 71375d037f88056_12     fill in the blank 71375d037f88056_14 fill in the blank 71375d037f88056_15

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