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A TV manufacturer offers warranties on its new TV sales. During December 2004, TV sales totaled $205,000. Past experience shows that warranty expense averages about 3% of the annual sales. What adjusting journal entry should be recorded on December 31, 2004 to account for the warranty expense
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Business, 22.06.2019 14:50
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A TV manufacturer offers warranties on its new TV sales. During December 2004, TV sales totaled $205...
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