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QueSLIUI COMPILIUL JUCUJ. QUESTION 9 Kaya Company sells computers with a 6-month warranty. It is estimated that 2% of all units sold will need repairs

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QueSLIUI COMPILIUL JUCUJ. QUESTION 9 Kaya Company sells computers with a 6-month warranty. It is estimated that 2% of all units sold will need repairs under warranty at an estimated cost of $400 per unit. During January, the company sold 100,000 computers at $3,500 each, and 1,500 computers were turned in for repairs during that same month. The tota amounted to $370,000 from the computer parts inventory. The balance in the Estimated Warranty Liability Account on January 1 was $30,000. What is the balance in the Estimated Warranty Liability Account at the end of January 2016? O A $1,200,000 B. $ 430,000 OC.$ 830,000 OD.$ 460,000 QUESTION 10 On September 1, 2016, Beate Equipment signed a 12-month, 9% interest bearing note payable for $200,000. Assuming Beate maintains its books on a calendar year basis, the amount of interest expense that should be reported in the 2017 income statement for this note would be: A $6,000 OB. $ 8,000 C. $12,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save

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