Hello, I need help with the following question(s): Connect ? | Secure l https://

Question

Hello, I need help with the following question(s):

Connect ? | Secure l https://newconnect.mheducation.com/flow/connect.html Ch 7 Exercises Help Save & Exit Submit Saved Check my work 10 QS 7-8 Note receivable LO C2 On August 2, Jun Co receives a $6,000, 90-day, 12% note from customer Ryan Albany as payment on his $6,000 account. 3.88 pcinis 1. Compute the maturity date for the above note eBook October 29 October 30 O October 31 November 1 November 2 Hint Piint References 2. Prepare Jun's journal entry August 2 View transaction list Journal entry worksheet Mc Graw 802 PM O Type here to search f ~ Ma)7/10/2018

Explanation / Answer

REq1: Due date of note: Issue date of note 2-Aug Period of note 90days Due date of note (29+30+31) 31-Oct Req 2: Journal entry for reciept of note: Notes receivable Account Dr. 6000        Accounts receivable Account 6000

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.