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ERREU, ruang footnote disclosure. E13-10 (L03) (Warranties) Soundgarden Company sold 200 color laser copiers on July 10, 2017
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Answer #1
Date Debit Credit
July 10,2017 Cash 800000 =200*4000
     Sales Revenue 800000
(To record sale of the copiers)
During 2017 Warranty expense 17000
      Inventory 17000
(To record related warranty costs)
Dec. 31,2017 Warranty expense 49000 =(200*330)-17000
     Warranty Liability 49000
(To record accrued warranty costs)
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