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3 The Warranty Company offers a one yearwarranty their product. During the month of October 2019 the company sales were $643,000. The estimated warranty is

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3 The Warranty Company offers a one yearwarranty their product. During the month of October 2019 the company sales were $643,000. The estimated warranty is 4.5% of sales. Record the journal entry for the expected warranty issues. Explain how the journal entry in Letter A effected the Balance Sheet. B

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