Business, 09.08.2021 23:20, kataldaine
A company estimates that warranty expense will be 4% of sales. The company's sales for the current period are $218,000. The current period's entry to record the warranty expense is:.
a. Debit Warranty Expense 58,720 credit Sales $8,720
b. Debit Warranty Expense 58,720 credit Estimated Warranty Liability $8.720
c. Debt Estimated Warranty Libility 18720 credit Warranty Expense $3.520
d. Debit Estimated Warranty Libidity 1720 credit cash $8.720
e. No entry is recorded until the items are returned for warranty repairs
Answers: 2
Business, 22.06.2019 06:20, isaiahcannon6158
About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.
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Business, 22.06.2019 11:30, deedivinya
What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?
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Business, 22.06.2019 17:20, sctenk6052
“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.
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Business, 22.06.2019 19:00, williamsvilletiles
When making broccoli cream soup, the broccoli and aromatics should be a. burned. b. simmered. c. puréed. d. sweated.
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