Advanced Placement (AP), 30.06.2019 08:30 zanaeb238

During august, boxer company sells $353,000 in merchandise that has one year warranty. experience shows that warranty expenses average about 4% of the selling price. the warranty liability account has a credit balance if $12,500 before adjustment. customers returned merchandise for warranty repairs during the month that used $9,100 in parts for repairs. the entry to record the customer warranty repair is

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