Question: Mackenzie Corp. is preparing the December 3 1 , 2 0 2 3 , year - end financial statements. Following are selected unadjusted account balances:

Mackenzie Corp. is preparing the December 31,2023, year-end financial statements. Following are selected unadjusted account balances:
\table[[Estimated warranty liability,$6,460,120-day note payable, 4%,$80,000
 Mackenzie Corp. is preparing the December 31,2023, year-end financial statements. Following

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