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Remaining Time: 1 hour, 09 minutes, 02 seconds Question Completion Status Question 4 4 7 1 points WEBCAM RECORDING A company estimates that warranty expense

Remaining Time: 1 hour, 09 minutes, 02 seconds Question Completion Status Question 4 4 7 1 points WEBCAM RECORDING A company estimates that warranty expense will be 5% of sales. The company has sales of $225,000 for the curent period. The current period's entry to record the warranty expense is OA Estimated Warranty Liability 11, 250 Estimated Liability Expense. 11.250 O Warranty Liability Expense. 11,250 Estimated Warranty Liability. 11,250 OC Warranty Liability 11, 250 Estimated Warranty Liability, 11,250 Op. Warranty Expense 11,250 Estimated Warranty Liability 11,250 Moving to another question will save this response Question 4 of 16

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