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[ The following information applies to the questions displayed below. ] Journal entry worksheet Record the sale of a copier for $ 7 , 0
The following information applies to the questions displayed below. Journal entry worksheet Record the sale of a copier for $ cash. Note: Enter debits before credits. Journal entry worksheet Record the cost of goods sold of $ Note: Enter debits before credits. tableDateGeneral Journal,Debit,CreditAugust Journal entry worksheet Record the estimated warranty expense at of the sales. Note: Enter debits before credits.Journal entry worksheet Record the cost of repairs that occur on January of Year Note: Enter debits before credits. Hitzu Company sold a copier that costs $ for $ cash with a twoyear parts warranty to a customer on August of Year Hitzu expects warranty costs to be of dollar sales. It records warranty expense with an adjusting entry on December On January of Year the copier requires onsite repairs that are completed the same day. The repairs cost $ for materials taken from the parts inventory. These are the only repairs required in Year for this copier. How much warranty expense does the company report for this copier in Year How much is the estimated warranty liability for this copier as of December of Year How much is the estimated warranty liability for this copier as of December of Year Prepare journal entries to record a the copiers sale; b the adjustment to recognize the warranty expense on December of Year ; and c the repairs that occur on January of Year
The following information applies to the questions displayed below. Journal entry worksheet
Record the sale of a copier for $ cash.
Note: Enter debits before credits. Journal entry worksheet
Record the cost of goods sold of $
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CreditAugust Journal entry worksheet
Record the estimated warranty expense at of the sales.
Note: Enter debits before credits.Journal entry worksheet
Record the cost of repairs that occur on January of Year
Note: Enter debits before credits.
Hitzu Company sold a copier that costs $ for $ cash with a twoyear parts warranty to a customer on August of Year Hitzu expects warranty costs to be of dollar sales. It records warranty expense with an adjusting entry on December On January of Year the copier requires onsite repairs that are completed the same day. The repairs cost $ for materials taken from the parts inventory. These are the only repairs required in Year for this copier.
How much warranty expense does the company report for this copier in Year
How much is the estimated warranty liability for this copier as of December of Year
How much is the estimated warranty liability for this copier as of December of Year
Prepare journal entries to record a the copiers sale; b the adjustment to recognize the warranty expense on December of Year ; and c the repairs that occur on January of Year
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