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give fast reply..... Sales revenue for Booker Company for 2019 amounted to $800,000. The products sold carry a six-month warranty. Management estimates the cost of

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give fast reply.....

Sales revenue for Booker Company for 2019 amounted to $800,000. The products sold carry a six-month warranty. Management estimates the cost of the warranty to be 3% of sales revenue. Booker should: debit Warranty Expense in 2019 for $24,000. debit Warranty Expense when the products are repaired or replaced in either 2019 or 2020

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