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On August 2, Jun Co. receives a $7,300, 90-day, 12% note from customer Ryan Albany as payment on his $7,300 account receivable. 1. Compute the
On August 2, Jun Co. receives a $7,300, 90-day, 12% note from customer Ryan Albany as payment on his $7,300 account receivable. 1. Compute the maturity date for the above note. October 29 October 30 October 31 November 1 November 2 2. Prepare Jun's journal entry for August 2. View transaction list Journal entry worksheet Record receipt of note on account. Note: Enter debits before credits. General Journal Debit Credit Date Aug 02 Record entry Clear entry View general journal
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