Engels Hawthorn N.V. reported warranty liabilities of €307 000 in its 2018 balance sheet. In 2019, it reported in its balance sheet a liability of €89 000. It recognised €44 000 in net warranty expenses during 2019. Requirement: What amount of cost did Hawthorn N.V. incur to cover warranty claims in 2019? Hawthorn N.V maakte €352 000 aan kosten voor garantieclaims in 2019. Hawthorn N.V inccured €352 000 in Warranty Claims in 2019. Hawthorn N.V maakte €440 000 aan kosten voor garantieclaims in 2019. Hawthorn N.V inccured €440 000 in Warranty Claims in 2019. Hawthorn N.V maakte €262 000 aan kosten voor garantieclaims in 2019. Hawthorn N.V inccured €262 000 in Warranty Claims in 2019. Hawthorn N.V maakte €174 000 aan kosten voor garantieclaims in 2019. Hawthorn N.V inccured €174 000 in Warranty Claims in 2019.
Engels Hawthorn N.V. reported warranty liabilities of €307 000 in its 2018 balance sheet. In 2019, it reported in its balance sheet a liability of €89 000. It recognised €44 000 in net warranty expenses during 2019. Requirement: What amount of cost did Hawthorn N.V. incur to cover warranty claims in 2019? Hawthorn N.V maakte €352 000 aan kosten voor garantieclaims in 2019. Hawthorn N.V inccured €352 000 in Warranty Claims in 2019. Hawthorn N.V maakte €440 000 aan kosten voor garantieclaims in 2019. Hawthorn N.V inccured €440 000 in Warranty Claims in 2019. Hawthorn N.V maakte €262 000 aan kosten voor garantieclaims in 2019. Hawthorn N.V inccured €262 000 in Warranty Claims in 2019. Hawthorn N.V maakte €174 000 aan kosten voor garantieclaims in 2019. Hawthorn N.V inccured €174 000 in Warranty Claims in 2019.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Engels
Hawthorn N.V. reported warranty liabilities of €307 000 in its 2018 balance sheet. In 2019, it reported in
its balance sheet a liability of €89 000. It recognised €44 000 in net warranty expenses during 2019.
Requirement: What amount of cost did Hawthorn N.V. incur to cover warranty claims in 2019?
Hawthorn N.V maakte €352 000 aan kosten voor garantieclaims in 2019.
Hawthorn N.V inccured €352 000 in Warranty Claims in 2019.
Hawthorn N.V maakte €440 000 aan kosten voor garantieclaims in 2019.
Hawthorn N.V inccured €440 000 in Warranty Claims in 2019.
Hawthorn N.V maakte €262 000 aan kosten voor garantieclaims in 2019.
Hawthorn N.V inccured €262 000 in Warranty Claims in 2019.
Hawthorn N.V maakte €174 000 aan kosten voor garantieclaims in 2019.
Hawthorn N.V inccured €174 000 in Warranty Claims in 2019.
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