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Business, 16.04.2020 19:29 raishagibson

In 2021, WP estimates that warranty costs in the following year will be $25,000. Actual warranty costs in 2022 are only $20,000. What is the effect on the accounting equation when recording actual warranty costs in 2022?

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In 2021, WP estimates that warranty costs in the following year will be $25,000. Actual warranty cos...
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