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8 Part 2 of 2 Required information [The following information applies to the questions displayed below.] Hitzu Co. sold copier (that costs $5.500) for $11.000
8 Part 2 of 2 Required information [The following information applies to the questions displayed below.] Hitzu Co. sold copier (that costs $5.500) for $11.000 cash with a two-year parts werrenty to a customer on August 16 of Year 1. Hitzu expects Warranty costs to be 49 of dollar sales. It records Warranty expense with an adjusting entry on December 31. On January 5 of Year 2, the copier requires on-site repairs that are completed the same day. The repairs cost $115 for materials taken from the repair ports inventory. These are the only repairs required in Year 2 for this copier. 1 points eBook Analyze each transaction's effect on the accounting equation-specifically, identify the accounts and amounts (including - or -) for each. (Enter all amounts as positive value.) Date Assets Llabilities Print Equity Aug. 16 Aug. 16 Dec. 31 . References Jan. 5
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