Patrick's lease is ending soon, and he wants to rent at a different apartment complex. He wants to be sure his own history as a tenant is accurate. What legislation can he use to
protect himself in that regard?
The Fair Credit Reporting Act
The Credit Card Accountability Responsibility and Disclosure Act
The Fair Debt Collection Practices Act
The Truth in Lending Act

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?