=+2. Journalize the adjusting entry for each of the following accrued expenses at the end of the
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=+2. Journalize the adjusting entry for each of the following accrued expenses at the end of the current year:
(a) product warranty cost, $16,400;
(b) interest on the nine remaining notes owed to Mountain Equipment Co.
The following information about the payroll for the week ended December 30 was obtained from the records of Arnsparger Equipment Co.:
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