On January 10, 2019, Perez Co. sold merchandise on account to Robertsen Co. for $15,600, n/30. On

Question:

On January 10, 2019, Perez Co. sold merchandise on account to Robertsen Co. for $15,600, n/30. On February 9, Robertsen Co. gave Perez Co. a 6% promissory note in settlement of this account. Prepare the journal entry to record the sale and the settlement of the account receivable. (Omit cost of goods sold entries.)