What accounts are used to record a contingent warranty liability that is probable and estimable but has

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What accounts are used to record a contingent warranty liability that is probable and estimable but has yet to be fulfilled?
A. Warranty liability and cash
B. Warranty expense and cash
C. Warranty liability and warranty expense, cash
D. Warranty expense and warranty liability

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Principles Of Accounting Volume 1 Financial Accounting

ISBN: 9781593995942

1st Edition

Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax

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