On January 10, 2020, Wilfer Ltd. sold merchandise on account to Robertsen Co. for HK$84,600, n/30. On
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On January 10, 2020, Wilfer Ltd. sold merchandise on account to Robertsen Co. for HK$84,600, n/30. On February 9, Robertsen Co. gave Wilfer Ltd. a 10% 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.)
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Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
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