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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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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:

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