On December 1, 2017, Stars Co. sold two copiers at $6,000 each plus HST of 13% for cash with a two-year parts and labor warranty. Based on prior experience, Stars expects eventually to incur warranty costs equal to $400 per copier. On January 20, 2018, a customer returned one of the copiers for repairs that was completed the same day. The cost of the repairs were $498.

Answer rating: 100% (QA)

Solution Following Entries will be made 1122017 CashBank Ac Dr 13560 To Sales AC 12000 To HST Payabl... View the full answer