lloveshan7446 lloveshan7446
  • 16-04-2024
  • Business
contestada

Carpenter Inc. estimates warranty expense at 5% of sales. Sales during the year were $13 million and warranty expenditures were $51,000. What was the balance in the warranty Liability account at the end of the year?

A. $599,000
B. $51,000
C. $650,000
D. $614,000

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