A friend, Jabbah, has heard that you are studying Accounting for Managers and has asked you to help him better understand an accounting issue. Jabbah is the owner of Jabbah Electronics; a business manufacturing and selling electrical goods. Jabbah provides a warranty on all the items he sells. The warranty provides a guarantee to the customer, that should the product experience any fault within the warranty period (3 years) the product would be replaced or repaired for free. Briefly explain how he should treat the warranty using the definition criteria under the Conceptual Framework. 7 A- B. I = BO 2 ? Definition Yes/No Why Is Definition Criteria met