On January 10, 2025, Wilfer Ltd. sold merchandise on account to Robertsen Co. for HK$84,600, n/30. On
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On January 10, 2025, 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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Amit Bhowmick
My name is Amit Bhowmick. I have completed my undergraduate in Mechanical Engineering in the year of 2015 from Future Institute of Engineering and management situated in the city of Kolkata. After that I have completed my post graduate in Industrial Design from National Institute of Technology Rourkela in the year of 2017. In 2019 I started started working as a doctoral student in Mechanical Engineering department at Jadavpur University. I have some experience in working with some online teaching and assignment helping platforms. For computation work, I have more than five years experience in working with MATLAB software. Additionally I have the knowledge of CAD software namely CATIA, Creo Parametric and solid works. Among the finite element analysis softwares, I have the knowledge of Ansys and LS-Dyna.
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Related Book For 
Financial Accounting With International Financial Reporting Standards
ISBN: 9781119787051
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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