All the good car dealers sells used cars with warranty. During january its car sales were $1250000 the warranty sales amounted to 15% of car sales. From the past history it was known that only 20% of the amount provided as warranty was spent to repair In the given only two cars came for repair on 16th and on 22nd total repair cost was 2450 and 1980 consecutively record the relevant journal entries and find closing balance on the provision for warranty account exp
All the good car dealers sells used cars with warranty. During january its car sales were $1250000 the warranty sales amounted to 15% of car sales. From the past history it was known that only 20% of the amount provided as warranty was spent to repair In the given only two cars came for repair on 16th and on 22nd total repair cost was 2450 and 1980 consecutively record the relevant journal entries and find closing balance on the provision for warranty account exp
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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All the good car dealers sells used cars with warranty. During january its car sales were $1250000 the warranty sales amounted to 15% of car sales. From the past history it was known that only 20% of the amount provided as warranty was spent to repair
In the given only two cars came for repair on 16th and on 22nd total repair cost was 2450 and 1980 consecutively record the relevant
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