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Business, 04.03.2022 18:20 brinleychristofferse

On August 2, Jun Company receives a $7,200, 90-day, 12.5% note from customer Ryan Albany as payment on his $7,200 account receivable. 1. Compute the maturity date for this note. 2. Prepare Jun’s journal entry for August 2.

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On August 2, Jun Company receives a $7,200, 90-day, 12.5% note from customer Ryan Albany as payment...
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