{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T21:06:40-04:00", "answer_date": "2024-05-26 21:06:40", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1760031", "url": "\/study-help\/questions\/during-august-boxer-company-sells-361000-in-merchandise-that-has-1760031", "question_creation_date_js": "2024-05-26T21:06:40-04:00", "question_creation_date": "May 26, 2024 09:06 PM", "meta_title": "[Solved] During August, Boxer Company sells $361,0 | SolutionInn", "meta_description": "Answer of - During August, Boxer Company sells $361,000 in merchandise that has a one year warranty. Experience shows that warrant | SolutionInn", "meta_keywords": "august,boxer,company,sells,$361,000,merchandise,one,year,warranty,experience,shows,expenses", "question_title_h1": " During August, Boxer Company sells $361,000 in merchandise that has a one year warranty. Experience shows that warranty expenses average about 5% of the", "question_title": " During August, Boxer Company sells $361,000 in merchandise that has a", "question_title_for_js_snippet": "During August, Boxer Company sells $361,000 in merchandise that has a one year warranty Experience shows that warranty expenses average about 5 of the selling price The warranty Bability account has a credit balance of $12,300 before adjustment Customers returned merchandise for warranty repairs during the month that used $8,900 in parts for repairs The entry to record the estimated warranty expense for the month is Multiple Choice Debit Warranty Expense $18,050, credit Estimated Warranty Liability $18,050 O Debit Estimated Warranty Liability $18,050, credit Warranty Expense $18,050 Debit Warranty Expense $5,750 credit Estimated Warranty Liability $5,750 Debt Warranty Expense $14,050, credit Estimated Warranty Liability $14,650 Debit Estimated Warranty Liability $4,900 credit Warranty Expense $8,900", "question_description": "\"image", "transcribed_text": "During August, Boxer Company sells $361,000 in merchandise that has a one year warranty. Experience shows that warranty expenses average about 5% of the selling price. The warranty Bability account has a credit balance of $12,300 before adjustment. Customers returned merchandise for warranty repairs during the month that used $8,900 in parts for repairs. The entry to record the estimated warranty expense for the month is: Multiple Choice Debit Warranty Expense $18,050, credit Estimated Warranty Liability $18,050 O Debit Estimated Warranty Liability $18,050, credit Warranty Expense $18,050 Debit Warranty Expense $5,750; credit Estimated Warranty Liability $5,750 Debt Warranty Expense $14,050, credit Estimated Warranty Liability $14,650. Debit Estimated Warranty Liability $4,900; credit Warranty Expense $8,900", "related_book": { "title": "Cost Accounting A Managerial Emphasis", "isbn": "978-0133428858, 133428850, 133428702, 978-0133428704", "edition": "15th edition", "authors": "Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/301.jpg", "uri": "\/textbooks\/cost-accounting-a-managerial-emphasis-15th-edition-301", "see_more_uri": "" }, "free_related_book": { "isbn": "B0BLQW8Z84", "uri": "\/textbooks\/gilbert-australia-wallabies-indigenous-rugby-ball-supporter-size-5-officially-licensed-b0blqw8z84-132063", "name": "Gilbert Australia Wallabies Indigenous Rugby Ball Supporter Size 5 Officially Licensed", "edition": "" }, "question_posted": "2024-05-26 21:06:40", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/danis-inc-is-an-american-firm-the-company-will-receive-378107", "description": "Danis Inc is an American firm. The company will receive 626,000 British pounds (GBP) from one of its trading partners in 30 days. 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