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Business, 18.06.2020 23:57 heatherballiet866

Flint Company sold 202 color laser copiers on July 10, 2020, for $3,720 apiece, together with a 1-year warranty. Maintenance on each copier during the warranty period is estimated to be $355. Prepare entries to record the sale of the copiers, the related warranty costs, and any accrual on December 31, 2020. Actual warranty costs (inventory) incurred in 2020 were $18,560.

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Flint Company sold 202 color laser copiers on July 10, 2020, for $3,720 apiece, together with a 1-ye...
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