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Question 32 3 pts Carpenter Inc. estimates warranty expense at 3% of sales. Sales during the year were $4 million and warranty expenditures were $54,000.
Question 32 3 pts Carpenter Inc. estimates warranty expense at 3% of sales. Sales during the year were $4 million and warranty expenditures were $54,000. What was the balance in the Warranty Liability account at the end of the year? $120,000 $76,000 $26,000 $66,000
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