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On August 2. Jun Co, receives a $6.200.90-day, 13.0% note from customer Ryan Albany as payment on his $6.200 account receivable Prepare Jun's journal entry
On August 2. Jun Co, receives a $6.200.90-day, 13.0% note from customer Ryan Albany as payment on his $6.200 account receivable Prepare Jun's journal entry assuming the note is honored by the customer on October 31 of that same year. (Do not round intermediate calculations. Round your answers to nearest whole dollar value. Use 360 days a year) View journal entry worksheet View transaction list No Date Credit 1 Oct 31 General Journal Cash Notes receivable-R Albany Interest revenue Debit 6.402 6.200 202
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