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of machines totalled $300.05% of sales will be Acme Company sells washing machines. In 2019, cash sales of machines totalled $300,000. Cost of goods sold
of machines totalled $300.05% of sales will be Acme Company sells washing machines. In 2019, cash sales of machines totalled $300,000. Cost of goods sold was $180,000. The company offers a 1-year warranty. The company estimates that 5% of sales will be spent on warranty work. In 2019, Acme spent $10,500 on actual warranty work. Prepare all entries for the above events, including any adjusting entry. D oo - Format - BIU- Debit Credit A EQ h
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