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  3. #1 on march 3, vn company sold $5,800 of products

#1 On March 3, VN company sold $5,800 of products to latch, inc. on account....

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Accounting

#1 On March 3, VN company sold $5,800 of products to latch, inc. on account. What journal entry should be recorded?

#2 On March 30, Latch, inc. paid VN company $5,800 to settle its account. What journal entry should be recorded?

#3 On august 2, Jun Co. receives a $6,000, 90 day, 12% note from a customer Ryan Albany as payment on his $6,000 accounts receivable. Computer the maturity date for this note, prepare Jun's journal entry for Aug 2 and compute the total amount of interest income Jun Co. will receive.

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