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Show the computation. 6. Blue Company had a warranty liability of P350,000 at the beginning of current year. Warranty expense is based on 4% of
Show the computation. 6. Blue Company had a warranty liability of P350,000 at the beginning of current year. Warranty expense is based on 4% of sales which amounted to P50,000,009 for the current year...
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
