A fiA firm normally sells a medical device for $1,000. To keep a customer happy,...

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Accounting

A fiA firm normally sells a medical device for $1,000. To keep a customer happy, they sell them one for $700 in cash upfront. Which entry should they make?rm normally sells a medical device for $1,000. To keep a customer happy, they sell them one for $700 in casA firm normally sells a medical device for $1,000. To keep a customer happy, they sell them one for $700 in cash upfront. Which entry should they make?h upfront. Which entry should they make?

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