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Doctor Device is registered for GST and it provides a six months' warranty with every laptop repaired. At the beginning of the financial year, the
Doctor Device is registered for GST and it provides a six months' warranty with every laptop repaired. At the beginning of the financial year, the entity had a provision of $8,000 to cover warranty claims. At the end of the financial year, $2,860 was paid out for supplies used to rework repairs under warranty. What is the correct journal entry to record the actual warranty claims? Group of answer choices Debit supplies expenses $2,860, credit provision
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