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On September 1, Home Store sells a mower (that costs $190) for $490 cash with a one-year warranty that covers parts. Warranty expense is estimated
On September 1, Home Store sells a mower (that costs $190) for $490 cash with a one-year warranty that covers parts. Warranty expense is estimated at 10% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory. Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet > 2 1 Record the mower sales. Note: Enter des before sledits Debit Credit Date General Journal Sep 01 View general journal Clear entry Record entry On September 1, Home Store sells a mower (that costs $190) for $490 cash with a one-year warranty that covers parts. Warranty expense is estimated at 10% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet G 4 Record the cost of mower sales. Note Ennende before oreldes Date General Doumal Debit Credit Sep 01 Fecond clear entry View general journal On September 1, Home Store sells a mower (that costs $190) for $490 cash with a one-year warranty that covers parts. Warranty expense is estimated at 10% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.) Niew transaction list Journal entry worksheet 4 Record the estimated warranty expense. Water Enter desberdie vrede Date General Joumal Debit Credit Sep 01 Recand entry Clear entry View general journal On September 1, Home Store sells a mower (that costs $190) for $490 cash with a one-year warranty that covers parts. Warranty expense is estimated at 10% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory. Prepare the September 1 entry to record the mower sale and cost of sale) and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 1 2 3 Record the cost of warranty repairs. Hote: Este debits before credits. Date General Journal Debit Credit Jan 24 Record entry Clear entry View general journal
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