Question: Using the values given from current year and prior year how do I get the expense? ghmentsessionLocator-assignment eBook Accrued Product Warranty Harbour Company disclosed estimated
ghmentsessionLocator-assignment eBook Accrued Product Warranty Harbour Company disclosed estimated product warranty payable for comparative years as follows: Calculator (in millions) Current Year Prior Year Current estimated product warranty payable Noncurrent estimated product warranty payable Total $13,277 $12,730 7,118 $21,353 $19,848 8,076 that Harbour's sales were $156,591 million in current Year and that the total paid on warranty claims during the current order to accurately evaluate the near term a. The distinction between short and long-term liabilities is important to creditors in relative to the quick current assets and other longer-term demands Feedback Check My Work Review the need for a classified balance sheet. Learning Objective 5 b. Provide the journal entry for the Current Year product warranty expense. Enter your answers in millions. Product Warranty Expense Product Warranty Payable 1.50s x Feedback ghmentsessionLocator-assignment eBook Accrued Product Warranty Harbour Company disclosed estimated product warranty payable for comparative years as follows: Calculator (in millions) Current Year Prior Year Current estimated product warranty payable Noncurrent estimated product warranty payable Total $13,277 $12,730 7,118 $21,353 $19,848 8,076 that Harbour's sales were $156,591 million in current Year and that the total paid on warranty claims during the current order to accurately evaluate the near term a. The distinction between short and long-term liabilities is important to creditors in relative to the quick current assets and other longer-term demands Feedback Check My Work Review the need for a classified balance sheet. Learning Objective 5 b. Provide the journal entry for the Current Year product warranty expense. Enter your answers in millions. Product Warranty Expense Product Warranty Payable 1.50s x Feedback
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