Answer and Explanation:
The computation is shown below;
a. For Warranty Expense
= Sales × Estimated Warranty Percentage%
= $4,144,400 × 0.87%%
= $36,056.28
b)
The amount that should be reported is
Opening Balance of Estimated Warranty Liability Jan. 1, 2019 $42,635
Less: Actual warranty costs in 2019 ($26,750)
Add: Warranty expense accrued in 2019 $35,056
Closing Balance of Estimated Warranty Liability Dec. 31, 2019 $50,941
Answer:
(B) subtract both values from balance according to books
Explanation:
Provided, that the check deposited in bank is NSF.
Therefore, it will not be cashed,
Although such balance was already added to book balance as per accounting records, therefore, such amount shall be subtracted from accounting balance.
Further bank provides the information of charges which was not considered earlier.
Therefore, such amount shall also be deducted from accounting records.
Thus both such amounts shall be deducted from balance according to books.
<span>If an organization or an agency wants to be considered proper and reliable service center it must make sure that callers should not be loft on hold any longer than one minute. The service agent should be prompt with the replies and the solutions for the issues raised by the consumers.</span>
Before you could train as a physician, you first had to become, a SCRIBE
Answer:
1 Investment in omni channel retail strategies
2 provide a personalized retail experience
3 Attend to the growing culture of immediacy
4 Expand into emerging markets and create a new channel
