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Winslow Company sold 150 color laser copiers in 2015 for pound 4,000 apiece, together with a one-year assurance-type warranty. Maintenance on each copier during the
Winslow Company sold 150 color laser copiers in 2015 for pound 4,000 apiece, together with a one-year assurance-type warranty. Maintenance on each copier during the warranty period averages pound300. Prepare entries to record the sale of the copiers and the related warranty costs. Actual warranty costs incurred in 2015 were pound17,000
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