Financial and Managerial Accounting
Financial and Managerial Accounting
7th Edition
ISBN: 9781259726705
Author: John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 9, Problem 4PSA

1.

To determine

To prepare: Journal entries of transactions and adjustments for 2016 and 2017.

2.

To determine

Warranty expense for November 2016 and December 2016.

3.

To determine

Warranty expense for January 2017.

4.

To determine

Balance of estimated warranty liability account as on December 31, 2016.

5.

To determine

Balance of estimated warranty liability account as on January 31, 2017.

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Financial and Managerial Accounting

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