On August 2, Jun Company receives a $6,300, 90-day, 13.5% note from customer Ryan Albany as payment on his $6,300 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. View transaction list Journal entry worksheet 1 Record cash received on note plus interest. Note: Enter debits before credits. Date October 31 Record entry General Journal Clear entry Debit Credit View general journal

On August 2, Jun Company recelves a $6,300,90-day, 13.5% note from customer Ryan Albany as payment on his $6,300 account ecelvable. 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 Record cash recelved on note plus interest. Nete Enter debits betore credits