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Animikii Inc. offers a $ 5 cash rebate to customers who purchase more than $ 5 0 0 worth of merchandise during April. To receive
Animikii Inc. offers a $ cash rebate to customers who purchase more than $ worth of merchandise during April. To receive the rebate, customers must mail their receipts to the corporate office prior to June Animikii sold $ of merchandise for cash during April and expects to pay $ in cash rebates. On June Animikii mailed customers who returned receipts $
Prepare the journal entries to record the sale and redemption of the rebates. For a compound transaction, if an amount box does not require an entry, leave it blank.
Apr.
Jun.
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