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I need help with this question Hardin Widget Manufactueng began operations in January 2024 . Hard selis widgets that carry a two-year manutacturer's warronty against
I need help with this question
Hardin Widget Manufactueng began operations in January 2024 . Hard selis widgets that carry a two-year manutacturer's warronty against defects lin workmanship. Hardin's management projects that ts of the widgets will require repair during the first year of the Waigranty while approximately 53 will require repaie during the second year of the warranty. The widgets seil for $300 each. The and watranty information for 2024 and 2025 are as follows. 70 of the widgets to retall customers who must pay a 6% soach. The sax 2024 Sold 250 widgets on account, incurred warranty expenditures of $350 for widget repaits. 20255 sold 350 widgets on account: actual payments for warranty expendirures were 3550 Requiredt 1. Prepare ioumal enties that summarize the sales and any aspects of the warranty for 2024 . 2. Pfepare joumal entries that summarize the sales and any aspects of the warrenty for 2025 . 8) Answer is complete but not entirely correct. Completen this question by entering your answers in the tabs below. Prepare journal entries that summanize the sales and any aspects of the warranty for 2024. Hardin Widget Manufactueng began operations in January 2024 . Hard selis widgets that carry a two-year manutacturer's warronty against defects lin workmanship. Hardin's management projects that ts of the widgets will require repair during the first year of the Waigranty while approximately 53 will require repaie during the second year of the warranty. The widgets seil for $300 each. The and watranty information for 2024 and 2025 are as follows. 70 of the widgets to retall customers who must pay a 6% soach. The sax 2024 Sold 250 widgets on account, incurred warranty expenditures of $350 for widget repaits. 20255 sold 350 widgets on account: actual payments for warranty expendirures were 3550 Requiredt 1. Prepare ioumal enties that summarize the sales and any aspects of the warranty for 2024 . 2. Pfepare joumal entries that summarize the sales and any aspects of the warrenty for 2025 . 8) Answer is complete but not entirely correct. Completen this question by entering your answers in the tabs below. Prepare journal entries that summanize the sales and any aspects of the warranty for 2024 Step by Step Solution
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