Chapter 8, Problem 84.2C

To determine

Concept introduction:

Warranty Expense:

A company may issue warranty with the sale of its product which bounds the company to replace or repair in case of quality failure according to the terms of the warranty. The provision for the estimated warranty liability is made at the time of sale of the products and warranty expense is recorded. This provision is utilized at the time of performing the warranty contract.

To identify:

The amount of Products warranties liabilities as of Dec. 31, 2016 for Columbia Sports Wear.