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claims totaled $20,000 during 2021. Read the requirements 1 . 1. Record the sales, warranty expense, and warranty payments for Golliath USA. (Record debits first,
claims totaled $20,000 during 2021. Read the requirements 1 . 1. Record the sales, warranty expense, and warranty payments for Golliath USA. (Record debits first, then credits. Exclude explanations from any journal entries.) First, let's record the sale of the tires. Next, we will record the payment of warranty expenses. 2. Post to the Accrued Warranty Payable T-account. The beginning balance was $13,000. At the end of 2021 , how much in accrued warranty payable does Golliath USA owe to its customers? Select the appropriate descriptions, and enter the beginning balance and post the entries to the Accrued Warranty Payable T-account. Calculate the balance of the liability account
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