The accountant for Amiable Appliances feels that warranty expense should not be recorded unless an appliance is

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The accountant for Amiable Appliances feels that warranty expense should not be recorded unless an appliance is returned for repair. "Otherwise, how do you know if the appliance will be returned, and if so, how much it will cost to fix?" he says. Do you agree? Explain.
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Accounting Principles Part 2

ISBN: 978-1118306796

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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