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Instructions CoolShoes sells its elite tennis shoes to sports retailers throughout the country. When introducing its new RF17 shoes that sell for $125 per pair,

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Instructions CoolShoes sells its elite tennis shoes to sports retailers throughout the country. When introducing its new RF17 shoes that sell for $125 per pair, the company includes a $15 rebate form. The rebate form can be used when the customer ultimately purchases the shoes. CoolShoes sells 100 pairs of shoes on June 10 and estimates that 80% of the rebate forms will be returned by customers for a rebate. Required: What journal entry would CoolShoes make to record the sale of 100 pairs of RF17 shoes on account to a retailer? General Journal General Journal Instructions PAGE 1 GENERAL JOURNAL DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT

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