Question: OS 7-9 Note receivable honored LO P4 On August 2. Jun Co. receives a $1500, 90-day, 140% note from customer Ryan Albany as payment on
OS 7-9 Note receivable honored LO P4 On August 2. Jun Co. receives a $1500, 90-day, 140% note from customer Ryan Albany as payment on his SS00 account Prepare Jun's journal entry assuming the note is honored by the customer on October 31 of that same year (Round your answers io nearest whole dollar value. Use 360 days ayear.) Journal entry worksheet Record cash received on note plus interest Note: Enter debits before credies C Prew 12 Next 21 8
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
