What is the difference between accounting for product warranties on (a) failed units repaired in the month
Question:
What is the difference between accounting for product warranties on
(a) failed units repaired in the month of sale and
(b) failed units repaired in a subsequent month but that are still covered by warranty?
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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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