Study

On August $2,$ Jun Company receives a $$6,500,90-$day, $14\mathrm{.}5\%$ note from customer Ryan Albany as payment on his $$6,500$ account receivable.

Compute the maturity date for this note.

Prepare Jun's journal entry for August $2.$

Complete this question by entering your answers in the tabs below.

Required $1$

Compute the maturity date for this note.

Compute the maturity date for this note.