Ward out of Recording and Analysing Warranty Accrual and Payment Refer to the excerpt from the Harley Davidson Inc. waterve financial statement des provided answer the questions that follow Product Warranty and Recall The Company currently proces standard to year warranty or new motorcydes sold worlwide, except for a where the Company provides a standard the year wted warranty on new motorcycles sold adion, the Company offers a one-year warranty for Parts & Access the many covers for the real worly begins when the products are customer. The Company accrues for future are causingan este con based primarily on local company cam domation Add the company has to be meinted certain woluntary recall camp. The Company is for the stated consected with voluntary recalls in the period that proves and commit tollenges in the Company rey were as follows thousandat SUS w The newed with recen de 1.2018 2017, 2016, Red D Uganda menetes temple, recordately the 2018 by ons relating to the warranties med den podes and changes to presentando elements made during the Noora con category with propriate and try try this noted for a person IOANS HWACCOUNTING FICE BusinesCourse Rumuse My Subscriptions Mon Recording and Analysing Warranty Accrual and Payment Refer to the from the air water tractament disclosure provided to answer the questions that Product Warranty and Recall the company provides a standard two yearned to the sold worldwide for a where the and three yearted warranty one motorcycles hacon, the Company offers a one year warranty for Puts & They come herrenybe where are more for future anycosusinan dobre primary short company common the company has come to the contened with voluntary recalls in the period the management and commits to the call changes in the Company warranty and recreation am to co Product Warranty and Recall the company currently provides a standard year www where the compared to the need warranty new motorydes sold In addition, the Company offers a one year any for Purs & Access the way home the proces for any estimated cont based primarily on local company information Company from the comforterary recals in the period that management pros and comes to the recall the company and the 2017 2018 War period 15 000 Cash Check Product Warranty and Recall The Company currently provides a standar In addition, the Company offers a one-year warranty for Parts & Accessories estimated cost based primarily on historical Company claim information. Add that management approves and commits to the recall. Changes in the Compa 2018 2017 2016 Balance, beginning of period $94,200 $79,482 $74,217 Warranties issued during the period 53,367 57,834 60,215 Settlements made during the period (79.300) (82.554) (99,298) Recalls and changes to pre-existing warranty liabilities 63,473 39,438 44,348 Balance, end of period $131,740 $94,200 $79,482 The liability associated with recalls was $73.3 million, $35.3 million, and $13.6 m Required Using the financial statement effects template, record separately the 2018 warra period." Note: For each account category, indicate the appropriate account name. Enter Note: Indicate a decrease in an account category by including a negative sign wit! 5 none BusinessCourse Return to course Finish attempt. Question 1 Not complete Marked out of 45.00 P Flag question Recording and Analyzing Warranty Accrual and Payment Refer to the excerpt from the Harley-Davidson Inc. warranty reserve financial statement disclosure provided to answer the questions that follow. Product Warranty and Recall The Company currently provides a standard two-year limited warranty on all new motorcycles sold worldwide, except In addition, the Company offers a one-year warranty for Parts & Accessories (P&A). The warranty coverage for the retail customer generally begins when estimated cost based primarily on historical Company claim information. Additionally, the company has from time to time initiated certain voluntary rece that management approves and commits to the recall. Changes in the Company's warranty and recall Hability were as follows (in thousands): 2018 2017 2016 Balance, beginning of period 594200 579.482 574.217 Warranties issued during the period 53.367 57.834 60.215 Settlements made during the period (79,300) (82,554) (99.298) Recalls and changes to pre-existing warranty abilities 63,473 39.438 44,348 Balance, end of period 5131,740 594,200 $79.482 The ability associated with recalls was $73.3 million, 35.3 million, and $13.6 million at December 31, 2018, 2017 and 2016, respectively, Required Using the financial statement effects template, record separately the 2018 warranty liability transactions relating to the (1) Warranties issued during the per period." Note: For each account category, indicate the appropriate account name. Enter "N/A" for any account category that is not used for a given transaction Note: Indicate a decrease in an account category by including a negative sign with the amount (5000) elete- LOANSFER HW ACCOUNTING FC My Subscriptions @BC ment disclosure provided to answer the questions that follow. -year limited warranty on all new motorcycles sold worldwide, except for Japan, where the Company provides a standard e year limited warranty on all new motorcycles sold ). The warranty coverage for the retail customer generally begins when the product is sold to a retall customer. The Company accrues for future warranty claims using an sally, the Company has from time-to-time initiated certain voluntary recall campaigns. The Company secrues for the estimated cost associated with voluntary recals in the period warranty and recall liability were as follows (in thousands); million at December 31, 2018, 2017, and 2016, respectively. ranty liability transactions relating to the (1) "Warranties issued during the period." (2) "Recalls and changes to preexisting warranty obligations and Settlements made during the er "N/A" for any account category that is not used for a given transaction. with the amount. Income Statement Net Raven Earned Capital Sheet sles Contrib. Capital O e #mybusinesscourse.com/platform/mod/quiz/attempt.php?attempt-417265cmid=247676 INTELLAServices www.freedom Whoort Homeridge HomePoint Orion Landing E BusinessCourse Return to course Recording and Analyzing Warranty Accrual and Payment Refer to the excerpt from the Harley-Davidson Inc. warranty reserve financial statement disclosure provided to answer the questions that follow. Product Warranty and Recall The Company currently provides a standard two-year limited warranty on all new motorcycles sold worldwide, except for japan, where the Company provides a stand In addition, the Company offers a one year warranty for Parts & Accessories (PRA). The warranty coverage for the retail customer generally begins when the product is sold to a retail customer. The Co estimated cost based primarily on historical Company claim information. Additionally, the Company has from time to time initiated certain voluntary recall campaigns. The Company accrues for the es that management approves and commits to the recall. Changes in the Company's warranty and recall liability were as follows in thousands 2018 2017 2016 Balance bening of period 59000 57942574217 Warranties sued during the period 537 57 10.215 Settlements made during the period 20 32.554 99.900 Recalls and changes to prestig warrantybes 63473 3.430348 Balance end of period 5131,740 59000 579.432 The liability associated with recalls was 5733 million, 535.3 million, and 13.6 milionat December 31, 2018, 2017 and 2016, respectively Required Using the financial statement effects template, record separately the 2018 warranty ability transactions relating to the (1) "Warranties issued during the period," (2) "Recalls and changes to preexisting Note: For each account category, indicate the appropriate account name. Enter "NA" for any account category that is not used for a gwen transaction. Note Indicate a decrease in an account Category by including a negative sign with the amount (5 000 Cash Asset Transaction 1 Noncash Balance sheet Liabilities Cantt Capital in Matement 0 Earned Capital Revenues 0 0- Net Income 0 0 0 2 0 o 0 O- 0 . 0 0 o 0 0 0 3 Check Save Answers Type here to search 2 Orion Lendingar LOANSFER WW ACCOUNTING My Subscriptions tatement disclosure provided to answer the questions that follow. Bonita two-year limited warranty on all new motorcycles sold worldwide, except for Japan, where the Company provides a standard three year limited warranty on all new motorcydes sold. BA). The warranty coverage for the retail customer generally begins when the product is sold to a retail customer. The Company accrues for future warranty claims using an Honally, the Company has from time-to-time initiated certain voluntary recall campaigns. The Company accrues for the estimated cost associated with voluntary recalls in the period wy's warranty and recall liability were as follows (in thousands) illion at December 31, 2018, 2017, and 2016, respectively, anty liability transactions relating to the (1) "Warrantles issued during the period." (2) "Recalls and changes to preexisting warranty obligations, and (3) "Settlements made during the N/A" for any account category that is not used for a given transaction. wh the amount t Contrib. Capital Earned Capital Revenues Income Statement Expenses 0 - Net Income 0 0 o 0 O 0 0 0 0- 0- . 0 0 0 - 0 0- 2 Next Ward out of Recording and Analysing Warranty Accrual and Payment Refer to the excerpt from the Harley Davidson Inc. waterve financial statement des provided answer the questions that follow Product Warranty and Recall The Company currently proces standard to year warranty or new motorcydes sold worlwide, except for a where the Company provides a standard the year wted warranty on new motorcycles sold adion, the Company offers a one-year warranty for Parts & Access the many covers for the real worly begins when the products are customer. The Company accrues for future are causingan este con based primarily on local company cam domation Add the company has to be meinted certain woluntary recall camp. The Company is for the stated consected with voluntary recalls in the period that proves and commit tollenges in the Company rey were as follows thousandat SUS w The newed with recen de 1.2018 2017, 2016, Red D Uganda menetes temple, recordately the 2018 by ons relating to the warranties med den podes and changes to presentando elements made during the Noora con category with propriate and try try this noted for a person IOANS HWACCOUNTING FICE BusinesCourse Rumuse My Subscriptions Mon Recording and Analysing Warranty Accrual and Payment Refer to the from the air water tractament disclosure provided to answer the questions that Product Warranty and Recall the company provides a standard two yearned to the sold worldwide for a where the and three yearted warranty one motorcycles hacon, the Company offers a one year warranty for Puts & They come herrenybe where are more for future anycosusinan dobre primary short company common the company has come to the contened with voluntary recalls in the period the management and commits to the call changes in the Company warranty and recreation am to co Product Warranty and Recall the company currently provides a standard year www where the compared to the need warranty new motorydes sold In addition, the Company offers a one year any for Purs & Access the way home the proces for any estimated cont based primarily on local company information Company from the comforterary recals in the period that management pros and comes to the recall the company and the 2017 2018 War period 15 000 Cash Check Product Warranty and Recall The Company currently provides a standar In addition, the Company offers a one-year warranty for Parts & Accessories estimated cost based primarily on historical Company claim information. Add that management approves and commits to the recall. Changes in the Compa 2018 2017 2016 Balance, beginning of period $94,200 $79,482 $74,217 Warranties issued during the period 53,367 57,834 60,215 Settlements made during the period (79.300) (82.554) (99,298) Recalls and changes to pre-existing warranty liabilities 63,473 39,438 44,348 Balance, end of period $131,740 $94,200 $79,482 The liability associated with recalls was $73.3 million, $35.3 million, and $13.6 m Required Using the financial statement effects template, record separately the 2018 warra period." Note: For each account category, indicate the appropriate account name. Enter Note: Indicate a decrease in an account category by including a negative sign wit! 5 none BusinessCourse Return to course Finish attempt. Question 1 Not complete Marked out of 45.00 P Flag question Recording and Analyzing Warranty Accrual and Payment Refer to the excerpt from the Harley-Davidson Inc. warranty reserve financial statement disclosure provided to answer the questions that follow. Product Warranty and Recall The Company currently provides a standard two-year limited warranty on all new motorcycles sold worldwide, except In addition, the Company offers a one-year warranty for Parts & Accessories (P&A). The warranty coverage for the retail customer generally begins when estimated cost based primarily on historical Company claim information. Additionally, the company has from time to time initiated certain voluntary rece that management approves and commits to the recall. Changes in the Company's warranty and recall Hability were as follows (in thousands): 2018 2017 2016 Balance, beginning of period 594200 579.482 574.217 Warranties issued during the period 53.367 57.834 60.215 Settlements made during the period (79,300) (82,554) (99.298) Recalls and changes to pre-existing warranty abilities 63,473 39.438 44,348 Balance, end of period 5131,740 594,200 $79.482 The ability associated with recalls was $73.3 million, 35.3 million, and $13.6 million at December 31, 2018, 2017 and 2016, respectively, Required Using the financial statement effects template, record separately the 2018 warranty liability transactions relating to the (1) Warranties issued during the per period." Note: For each account category, indicate the appropriate account name. Enter "N/A" for any account category that is not used for a given transaction Note: Indicate a decrease in an account category by including a negative sign with the amount (5000) elete- LOANSFER HW ACCOUNTING FC My Subscriptions @BC ment disclosure provided to answer the questions that follow. -year limited warranty on all new motorcycles sold worldwide, except for Japan, where the Company provides a standard e year limited warranty on all new motorcycles sold ). The warranty coverage for the retail customer generally begins when the product is sold to a retall customer. The Company accrues for future warranty claims using an sally, the Company has from time-to-time initiated certain voluntary recall campaigns. The Company secrues for the estimated cost associated with voluntary recals in the period warranty and recall liability were as follows (in thousands); million at December 31, 2018, 2017, and 2016, respectively. ranty liability transactions relating to the (1) "Warranties issued during the period." (2) "Recalls and changes to preexisting warranty obligations and Settlements made during the er "N/A" for any account category that is not used for a given transaction. with the amount. Income Statement Net Raven Earned Capital Sheet sles Contrib. Capital O e #mybusinesscourse.com/platform/mod/quiz/attempt.php?attempt-417265cmid=247676 INTELLAServices www.freedom Whoort Homeridge HomePoint Orion Landing E BusinessCourse Return to course Recording and Analyzing Warranty Accrual and Payment Refer to the excerpt from the Harley-Davidson Inc. warranty reserve financial statement disclosure provided to answer the questions that follow. Product Warranty and Recall The Company currently provides a standard two-year limited warranty on all new motorcycles sold worldwide, except for japan, where the Company provides a stand In addition, the Company offers a one year warranty for Parts & Accessories (PRA). The warranty coverage for the retail customer generally begins when the product is sold to a retail customer. The Co estimated cost based primarily on historical Company claim information. Additionally, the Company has from time to time initiated certain voluntary recall campaigns. The Company accrues for the es that management approves and commits to the recall. Changes in the Company's warranty and recall liability were as follows in thousands 2018 2017 2016 Balance bening of period 59000 57942574217 Warranties sued during the period 537 57 10.215 Settlements made during the period 20 32.554 99.900 Recalls and changes to prestig warrantybes 63473 3.430348 Balance end of period 5131,740 59000 579.432 The liability associated with recalls was 5733 million, 535.3 million, and 13.6 milionat December 31, 2018, 2017 and 2016, respectively Required Using the financial statement effects template, record separately the 2018 warranty ability transactions relating to the (1) "Warranties issued during the period," (2) "Recalls and changes to preexisting Note: For each account category, indicate the appropriate account name. Enter "NA" for any account category that is not used for a gwen transaction. Note Indicate a decrease in an account Category by including a negative sign with the amount (5 000 Cash Asset Transaction 1 Noncash Balance sheet Liabilities Cantt Capital in Matement 0 Earned Capital Revenues 0 0- Net Income 0 0 0 2 0 o 0 O- 0 . 0 0 o 0 0 0 3 Check Save Answers Type here to search 2 Orion Lendingar LOANSFER WW ACCOUNTING My Subscriptions tatement disclosure provided to answer the questions that follow. Bonita two-year limited warranty on all new motorcycles sold worldwide, except for Japan, where the Company provides a standard three year limited warranty on all new motorcydes sold. BA). The warranty coverage for the retail customer generally begins when the product is sold to a retail customer. The Company accrues for future warranty claims using an Honally, the Company has from time-to-time initiated certain voluntary recall campaigns. The Company accrues for the estimated cost associated with voluntary recalls in the period wy's warranty and recall liability were as follows (in thousands) illion at December 31, 2018, 2017, and 2016, respectively, anty liability transactions relating to the (1) "Warrantles issued during the period." (2) "Recalls and changes to preexisting warranty obligations, and (3) "Settlements made during the N/A" for any account category that is not used for a given transaction. wh the amount t Contrib. Capital Earned Capital Revenues Income Statement Expenses 0 - Net Income 0 0 o 0 O 0 0 0 0- 0- . 0 0 0 - 0 0- 2 Next
