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eam vacation pay at a rate of one day per month. During December, 25 employees qualily for one vacation day each. Their average daily wage

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eam vacation pay at a rate of one day per month. During December, 25 employees qualily for one vacation day each. Their average daily wage is $250 per employee. 2. During December, Maxum Company sold 3,300 units of a product that carries a 60-day warranty. December sales for this product total $137,000. The company expects per unit will be $11 8% of the units to need wa any repairs, and itesti nates the average repair cost Prepare any necessary adjusting entries at December 31, 2017, for above separate transactions and events. Maxum Company's year-end financial statements for each of the view transaction list Journal entry worksheet Employees earn vacation pay at a rate of one day per month. During December, 25 employees qualify for one vacation day each. Their average daily wage is $250 per employee. Record the related adjusting entry Note: Enter debits Next y MacBook Help Save &Ex Listed below are a few transactions and events of Maxum Company. 1. Employees earn vacation pay at a rate of one day per month. During December, 25 employees qualify for one vacation day each. Their average daily wage is $250 per employee. 2. During December, Maxum Company sold 3.300 units of a product that carries a 60-day warranty. December sales for this product total S37000. The company expects 8% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $11. Prepare any necessary adjusting entries at December 31. 2017, for Maxum Company's year-end financial statements for each of the above separate transactions and events. View transaction list Journal entry worksheet During December, Maxum Company sold 3,300 units of a product that carries a 60-day warranty. December sales for this product total $137,000. The company expects 8% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $11. Record the related adjusting entry. DebitCredit General Journal Transaction

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