During september excom sold 100 radios for 50 each. each, Ask an Expert

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During September, Excom sold 100 radios for $50 each. Each radio cost Excom $30 to purchase, and carried a two-year warranty. If 5% typically need to be replaced over the warranty period and one is actually replaced during September, for what amount in September would Excom debit Product Warranty Expense?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M942699

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