149 150 51 52 General Journal Account Title Date Debit Cres 04 5 During the...
80.2K
Verified Solution
Link Copied!
Question
Accounting
149 150 51 52 General Journal Account Title Date Debit Cres 04 5 During the 4th quarter of 2021, Pet Costumes, Inc. sold 200 per costumes, 3 each with a one year warranty. Actual warranty costs incurred during the 4th quarter were $100. Pet expects total warranty costs related to these items to be $600. (Both journal entries may be dated 12-31) S: Prepare the 2 journal entries related to these warranties
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!