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A company estimates that warranty expense will be 5% of sales. The company has sales of $225,000 for the current period. The current period's
A company estimates that warranty expense will be 5% of sales. The company has sales of $225,000 for the current period. The current period's entry to record the warranty expense OA Warranty Expense 11,250 Estimated Warranty Liability 11.250 O Estimated Warranty Liability, 11,250 Estimated Liability Expense. 11,250 OC Warranty Liability 11,250 Estimated Warranty Liability. 11,250 COD. Warranty Liability Expense. 11,250) Estimated Warranty Liability. 11/250
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