Question: Chapter 13: + 1. EFG Corp sells coffee machines with a 1 year warranty. In 2018, EFG has $300,000 of sales. From prior years' experience,

Chapter 13: + 1. EFG Corp sells coffee machines with a 1 year warranty. In 2018, EFG has $300,000 of sales. From prior years' experience, EFG estimate that it will incur warranty expenses of 7% of sales. Show the journal entry for warranties made for the 2018-year

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