What type of balance sheet account is used to report a companys exposure to potential warranty claims?
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Question:
What type of balance sheet account is used to report a company’s exposure to potential warranty claims?
A. Asset
B. Liability
C. Revenue
D. Expense
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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