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Help me get the correct numbers to plug in . QS 7 - 1 4 ( Algo ) Note receivable honored LO P 4 On
Help me get the correct numbers to plug in QS Algo Note receivable honored LO P
On August Jun Company receives a $day, note from customer Ryan Albany as payment on his $ account receivable.
Prepare Jun's journal entry assuming the note is honored by the customer on October of that same year. Note: Do not round intermediate calculations. Round your answers to nearest whole dollar value. Use days a year.
Answer is complete but not entirely correct.
tableNoDate,General Journal,,Debit,CreditOctober Cash,Notes receivableR Albany,Interest revenue,,,
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