On August 2 Jun Co. recelves a $6,700,90-day, 10.0% note from customer Ryan Albany as...
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Accounting
On August 2 Jun Co. recelves a $6,700,90-day, 10.0% note from customer Ryan Albany as payment on his $6,700 account recelvable Prepare Jun's journal entry assuming the note is honored by the customer on October 31 of that same year. (Do not round Intermediete calculetions. Round your answers to nearest whole dollar value. Use 360 days a year.) Note from Dr. Beck: in other words, the note and reiated interest was pold to us (Jun) when the 90 days was up, which hoppened to be October 31. Journal entry worksheet Record cash received on note plus interest. Notes Enter debes before crobles
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