freesure company manufactures and sells commercial refrigerator. it is currently running a promotion in which it pays
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Question:
freesure company manufactures and sells commercial refrigerator. it is currently running a promotion in which it pays $500 rebate to any customer that purchases a refrigeration unit from one of its participating dealers. the rebate must be returned within 90 days of purchase. given its historical experience and the ease of obtaining a rebate, freesure expects all qualifying customer to receive the rebate.
Prepare the journal entry to record the sale of a refrigerator to a participating dealer for $6000.
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