Kelly Howard has the following transactions. Dec. 31 The accrued product warranty expense for the year is

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Kelly Howard has the following transactions.

Dec. 31	The accrued product warranty expense for the year is estimated to be 2.3% of sales. Sales for the year totaled $6,005,000.
31	The accrued vacation pay for the year is estimated to be $75,225.
31	Paid Reliable Insurance Co. $275,000 as fund trustee for the pension plan. The annual pension cost is $350,000.

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Accounting For Managers Interpreting Accounting Information for Decision Making

Accounting For Managers Interpreting Accounting Information for Decision Making

ISBN: 978-1119979678

4th edition

Authors: Paul M. Collier

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Posted Date: Jan 06, 2021 07:02 AM

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