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NPC manufactures and sells computers and computers docking stations which include a 180 day warranty on product defects. It also sells an extended warranty which
NPC manufactures and sells computers and computers docking stations which include a 180 day warranty on product defects. It also sells an extended warranty which provides an additional two years of protection. On May 10, it sold a computer docking station for $4,500 and an extended warranty for another $1,400. The journal entry to record this transaction would include
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