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On August 2, Jun Company receives a $6,800,90-day, 10.5% note from customer Ryan Albany as payment on his $6,800 account receivable. Prepare Jun's journal entry

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On August 2, Jun Company receives a $6,800,90-day, 10.5% note from customer Ryan Albany as payment on his $6,800 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.) Journal entry worksheet Record cash recelved on note plus interest. Note: Enter debits before credits

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