1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
n200080 [17]
3 years ago
9

On September 11, 2016, Home Store sells a mower for $450 with a one-year warranty that covers parts. Warranty expense is estimat

ed at 9% of sales. On July 24, 2017, the mower is brought in for repairs covered under the warranty requiring $32 in materials taken from the Repair Parts Inventory.
Prepare the September 11, 2016, entry to record the mower sale, and the July 24, 2017, entry to record the warranty repairs.
Business
1 answer:
xeze [42]3 years ago
6 0

Answer:

Date      Accounts Titles and Explanations     Debit        Credit  

Sept, 11           Cash                                             $450  

2016         Sales                                                               $450  

                (To record the Cash Sales)

Sept, 11        Warranty Expenses                         $40.50  

2016              ($450 x 9%)

                  Estimated Warranty Payable                   $40.50  

                 (To record the Warranty Expenses)    

July, 24       Estimated Warranty Payable             $32

2017             Repairs Parts Inventory                                       $32

             (To record the material taken from Inventory)

You might be interested in
When a nation’s currency appreciates, what is the most likely result?
vichka [17]
When a nation's currency appreciates that means there is an increase in the exchange rate. It would result to cheaper imports and lower inflation rates which would be advantageous to those countries who are importing goods. While a weak currency would be better for an economy that's exporting goods to other countries. 
8 0
3 years ago
Due to disagreement between senior interviewers at Calvtipy, a publishing firm, the human resources department gave each of the
Elina [12.6K]

Answer:

C) unstructured interviews

Explanation:

An unstructured interview is generally more informal and doesn't follow a defined structure, pattern or script. Generally the interviewer is allowed to determine how many questions he/she will ask to the candidate depending on the answers given previously. The interviewer might also decide to use other types of methods, like completing a process or solving a problem which varies from one candidate to another.

8 0
2 years ago
________ unions are based on certain occupational skills. general craft industry conglomerate
gayaneshka [121]
Hi

I remember they used to give me options for this kind of question :)

Here you go, I remember the answer is : Craft

Good luck!
7 0
3 years ago
Many plant cells have very large membrane covered organelles that can store water and other liquid.
RoseWind [281]
The answer to your question is the vacuole it holds water. the vacuole is responsible for helping the plant stay up right when the vacuole is full the plant is perky and vibrant but when it is empty the plant becomes dull and wilted
6 0
3 years ago
What is true about hotel management companies?
abruzzese [7]

they generally manage hotels for a fee

5 0
2 years ago
Other questions:
  • An offer is made on a property listed with broker Green for $93,000. The offer is for $91,000 and the buyer will be obtaining FH
    7·1 answer
  • A drawback to using changes in domestic credit to adjust the domestic money supply to maintain a peg: A) is problems in emerging
    9·1 answer
  • If a firm shuts​ down, it A. will earn enough revenue to cover its variable costs but not all of its fixed costs. B. will produc
    12·1 answer
  • Which of the following scenarios would cause inflation to occur?
    15·1 answer
  • If Brazil gives up three automobiles for each ton of coffee it produces, while Peru gives up seven automobiles for each ton of c
    11·1 answer
  • The ____ model of participation sees risks in greater participation and, thus, favors a larger role for elites.
    10·1 answer
  • What is true if you only pay your minmium amount each towards your credit card bill
    14·1 answer
  • Which of the following is an example of a financial market?
    8·1 answer
  • On November 1, Mason Corp. issued $800,000 of its 10-year, 8% term bonds dated October 1. The bonds were sold to yield 10%, with
    12·1 answer
  • Which of the following characterize a manager as being efficient?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!