Wall welding co. offers warranties on all products sold. over the last several years, wall’s warranty claims have approximated 3% of total sales. wall’s currently has an estimated warranty payable balance of $4,000, and sales for the year totaled $350,000. what is the amount of warranty expense recorded by wall at year-end?

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above