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Question 4 A company estimates that warranty expense will be 5% of sales. The company has sen of $225,000 for the comment period. The current
Question 4 A company estimates that warranty expense will be 5% of sales. The company has sen of $225,000 for the comment period. The current period's entry to record the warranty expense OA Warranty Liability 11,250 Estimated Warranty Liability 11, 200 C Warranty Expense 11,250 Estimated Warranty Libility 11, 250 Estimated Waranty Liability Estimated Lisboty Expe Warranty Liability Expense OpEstimated Warranty Lany 11.250 11, 200 11, 200 11 216
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