Question: I need the answer very fast without explain Deil Company provides extended service warranty on electronic equipment sold through major retailers. The standard warranty contract
Deil Company provides extended service warranty on electronic equipment sold through major retailers. The standard warranty contract is for three years. During the current year, the company sold 21,000 such warranty contracts at an werage price of 381 each. Related to these contracts. What is the amount of warranty revenue recognized on the first year? A. $1,701,000 B. $1,134,000. c. $0. D. $567,000
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