In 2011, Waldo Balloons sold 50 hot air balloons at $25,000 each. The balloons carry a five-year
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What was the balance in the warranty liability at the end of the year?
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Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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