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Handy Holly Co. provides a variety of household repairs and warranties her work for a six-month period. Holly provided $13,000 of service fees during the

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Handy Holly Co. provides a variety of household repairs and warranties her work for a six-month period. Holly provided $13,000 of service fees during the month and anticipates that warranty repairs for these sales will total $400. The entry that Holly will make to record the estimated warranty expense will include a credit which account? Click the answer you think is right. Repair Parts and Labor Expense Estimated Warranty Liability No journal entry is necessary until the repair is performed. Warranty Expense

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