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A vehicle company offiers a one year manufacturer's warranty and sells an extended warranty good for an additional year 3-years for $1,700.00. The vehicle
A vehicle company offiers a one year manufacturer's warranty and sells an extended warranty good for an additional year 3-years for $1,700.00. The vehicle was sold on December 1, 2021. Assuming a repair was required on November 7, 2022 for $300.00, what will be the December 31, 2022 adjusting general journal entry?
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
10th Canadian Edition Volume 2
1118300858, 978-1118300855
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