A company sold $12,000 worth of bicycles with an extended warranty. it estimates that 2% of these sales will result in warranty work. the current period's entry to record the warranty expense is:

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asked Dec 3, 2018 50.3k views

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A company sold $12,000 worth of bicycles with an extended warranty. it estimates that 2% of these sales will result in warranty work. the current period's entry to record the warranty expense is:

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Daniel Varela asked

by Daniel Varela

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i think the answer for your question you have to divide then you get 6,000

Shenelle answered Dec 8, 2018

by Shenelle

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A company sold $12,000 worth of bicycles with an extended warranty. It estimates that 2% of these sales will result in warranty work. The current period's entry to record the warranty expense is a. Debit

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