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The matching principle requires businesses to record warranty expense

04/10/2021 Client: muhammad11 Deadline: 2 Day

Time Remaining 2 hours 2 minutes 4 seconds

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Item 11

Item 11

Time Remaining 2 hours 2 minutes 4 seconds

02:02:04

Esplanade Outdoor Co. estimates that warranty expense will be 5% of sales. The current period's sales were $1,740,000. The entry to record the warranty expense is

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