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dealer quarantees its snowrobians for three yoars. Company experience indionten that warranty coots wili be approvimatoly 486 of satep. Assume that the Hipoter doaler in
dealer quarantees its snowrobians for three yoars. Company experience indionten that warranty coots wili be approvimatoly 486 of satep. Assume that the Hipoter doaler in Cotorado Springs made nasos totaling 5500,000 during 2018 . The company recelved canh for torf af the stalea mand notes recelvable for the romainder. Warranty payments totaied $18,000 duting 2018 . Reand the 1. Record the sales, warranty expense, and warranty payments for the company. Ignore cost of goods sold. 2. Assume the Estimated Warranty Payable is $0 on January 1, 2018. Post the 2018 transactions to the Estimated Warranty Payable T-account. At the end of 2018 , how much in Estimated Warranty Payable does the company owe? Record the warranty expense. Record the warranty payments for the company. tie end ot 20th. how mucts in Esesimated Warranty Pavable doen the compary owe
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