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Historically warranty expenditures have been equal to 4 of

Historically, warranty expenditures have been equal to 4% of sales. Total sales for the year were $650,000. Actual warranty repairs made during the year totaled $29,000. Make the necessary summary journal entries to record this warranty-related information.

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Accounting Basics: Historically warranty expenditures have been equal to 4 of

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Accounting Basics: Historically warranty expenditures have been equal to 4 of

Reference No:- TGS0779801

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