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Title: Evergreen Roofing had cash sales for the month totaling $33,500. Evergreen offers a 1-year warranty ... Post by: bravata on Feb 21, 2017 Evergreen Roofing had cash sales for the month totaling $33,500. Evergreen offers a 1-year warranty on its roofing services. If Evergreen estimates warranty claims will equal 3% of sales, the journal entry to record the estimated warranty expense for the month is:
A) debit warranty expense $1,005; credit Cash $1,005. B) debit estimated warranty expense $1,005; credit warranty payable $1,005. C) debit warranty expense $1,005; credit Sales Revenue $1,005. D) debit warranty expense $1,005; credit Estimated Warranty Payable $1,005. Title: Re: Evergreen Roofing had cash sales for the month totaling $33,500. Evergreen offers a 1-year ... Post by: largerthanlife on Feb 21, 2017 Content hidden
Title: Re: Evergreen Roofing had cash sales for the month totaling $33,500. Evergreen offers a 1-year warranty ... Post by: bravata on Jul 12, 2017 This is a life saver
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