Sales revenue for Booker Company for 2023 amounted to $800,000. The products sold carry a...
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Accounting
Sales revenue for Booker Company for 2023 amounted to $800,000. The products sold carry a six-month warranty. Management estimates the cost of the warranty to be 3% of sales revenue.
Booker should record journal entries:
DR. (Enter two words only)
CR. (Enter two words only)
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