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Below information is available from an electronics manufacturing co . for a particular year Product sales 1 8 5 , 0 0 0 Warranty sales
Below information is available from an electronics manufacturing co for a particular year Product sales Warranty sales are of product sales, warranty is for three years Provide of the warranty revenue as repair costs. Actual expenses for warranty repairs incurred were: tableyear year year The opening balance in tiability for Warranty Repairs is $ Provide all necessary entries for all three years and also find the closing balance in the Liability for Warranty Repairs account.
Below information is available from an electronics manufacturing co for a particular year
Product sales
Warranty sales are of product sales, warranty is for three years
Provide of the warranty revenue as repair costs.
Actual expenses for warranty repairs incurred were:
tableyear year year
The opening balance in tiability for Warranty Repairs is $
Provide all necessary entries for all three years and also find the closing balance in the Liability for Warranty Repairs account.
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