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On August $2,$ Jun Company receives a $$7,200,90-$day, $12\mathrm{.}5\%$ note from customer Ryan Albany as payment on his $$7,200$ 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.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$October $31,,,],[,,,],[,,,],[,,,],[,,,]]$

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