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Question 4 (4 points) Buy Best Company sells personal computers for $2 300 each. The price includes past experience the warranty costs are estimated to
Question 4 (4 points) Buy Best Company sells personal computers for $2 300 each. The price includes past experience the warranty costs are estimated to be $150 per computer. The actual warranty costs paid by Buy Best during 2020 were $45,000 REQUIRED - In the box below: 1. Prepare the general journal entry to record the estimated warranty expense 2. Prepare the general journal entry to record the warranty payments during 2020
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