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Esplanade Outdoor Co. estimates that warranty expense will be 5% of sales. The current period's sales were $1,740,000. The entry to record the warranty expense
Esplanade Outdoor Co. estimates that warranty expense will be 5% of sales. The current period's sales were $1,740,000. The entry to record the warranty expense is Warranty Expense 87,000 Sales 87,000 Estimated Warranty Liability 87,000 Cash 87,000 Warranty Expense 87,000 Estimated Warranty Liability 87,000 87,000 Estimated Warranty Liability Warranty Expense 87.000 87,000 Estimated Warranty Liability
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