Warranty Expense Estimated Warranty Liability

Question

Warranty Expense ($450,000 * .05)"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6 22,500
Estimated Warranty Liability"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6. 22,500

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