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Warranty claims totalling $12,000 are made during January of 2025. Debit: Warranty Expense 12,000 Credit: Cash 12,000 Debit: Warranty Liability Credit: Cash 12,000 12,000
Warranty claims totalling $12,000 are made during January of 2025. Debit: Warranty Expense 12,000 Credit: Cash 12,000 Debit: Warranty Liability Credit: Cash 12,000 12,000
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