Business, 06.04.2020 16:30 Jasten

On August 2, Jun Co. receives a $6,400, 90-day, 12% note from customer Ryan Albany as payment on his $6,400 account.

1. Compute the maturity date for the above note.

a. October 29
b. October 30
c. October 31
d. November 1
e. November 2

2. Prepare Jun's journal entry for August 2

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On August 2, Jun Co. receives a $6,400, 90-day, 12% note from customer Ryan Albany as payment on his...

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