vable 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.) View transaction list Journal entry worksheet 1 Record cash received on note plus interest.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 11EA: Use information from EA10. Compute the interest expense due when Barkers honors the note. Show the...
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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.)
View transaction list
Journal entry worksheet
1
Record cash received on note plus interest.
Transcribed Image Text:vable 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.) View transaction list Journal entry worksheet 1 Record cash received on note plus interest.
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