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As a quality guarantee, any television purchased from Gold Company automatically comes with a standard 1-year warranty as an integral part of the sale for
As a quality guarantee, any television purchased from Gold Company automatically comes with a standard 1-year warranty as an integral part of the sale for no additional cost. What type of warranty is this and what is the relevant liability associated with it?
Select one: a. Assurance-type; Warranty Liability b. Assurance-type; Unearned Warranty Revenue c. Service-type; Warranty Liability d. Service-type; Unearned Warranty Revenue
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