QS $7-13($Algo$)$ Note receivable honored LO P$4$

On August $2,$ Jun Company receives a $$6,800,90-$day, $10\mathrm{.}5\%$ note from customer Ryan Albany as payment on his $$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.

Journal entry worksheet

$1$

Record cash received on note plus interest.

Note: Enter debits before credits.