Question: Dn August 2, Jun Company recelves a $6,900,90-day, 11.0% note from customer Ryan Albany as payment on his $6,900 account eceivable. Prepare Jun's journal entry
Dn August 2, Jun Company recelves a $6,900,90-day, 11.0% note from customer Ryan Albany as payment on his $6,900 account eceivable. Prepare Jun's journal entry assuming the note is honored by the customer on October 31 of that same year. Note: Do not round intermediate calculations. Round your answers to nearest whole dollar value. Use 360 days a year. Journal entry worksheet Record cash received on note plus interest. Note: friser debits betore credits
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