Question: On August 2 , Jun Company receives a $ 6 , 8 0 0 , 9 0 - day, 1 0 . 5 % note

On August 2, Jun Company receives a $6,800,90-day, 10.5% note from customer Ryan Albany as payment on his $6,800 account receivable.
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.

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