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Extended Warranty Accounting Entries by Divine Cuasay is a document available to read on EtoBox.
What is Extended Warranty Accounting Entries about?
The document describes a company that sells extended warranties for computers. It earned $320,000 in revenue from extended warranty sales during 2013. However, since the normal 6-month warranty is in effect for the first 6 months, only sales up until 6/30/2013 (50% of annual sales) could earn revenue for the extended warranty during 2013. The estimated revenue earned on those sales during the first 6 months is $20,000.
- Author
- Divine Cuasay
- Language
- EN