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1.04 points Item Skipped eBookHintPrintReferencesCheck my workCheck My Work button is now enabled2Item 13 QS...

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Accounting

1.04 points Item Skipped eBookHintPrintReferencesCheck my workCheck My Work button is now enabled2Item 13 QS 7-12 Note receivable honored LO P4 On August 2, Jun Co. receives a $7,600, 90-day, 14.5% note from customer Ryan Albany as payment on his $7,600 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.)

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