Question: QS9-14 Note receivable honored E P4 On August 2, Jun Co. receives a $6,000, 90-day; 12% note from customer Ryan Albany as payment on his
QS9-14 Note receivable honored E P4
On August 2, Jun Co. receives a $6,000, 90-day; 12% note from customer Ryan Albany as payment on his $6,000 account receivable.
Prepare Jun's journal entry assuming the note is honored by the customer on October 31 of that same year.
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