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Unformatted text preview: 600 Merchandise Inventory 600 Warranty recorded Dec 31th Warranty Expense 1,320 Warranty liability 1,320 Warranty recorded Name _________________________________ Section A B C Ex. Or Prob. # __________________________ 2008 Jan 5th Cash 11250 Sales 11250 Sold razors Cost of goods sold 3000 Merchandise inventory 3000 Recorded cost Jan 17 th Estimated warranty expense 1000 Merchandise inventory 1000 Cost of warranty Jan 31th Warranty expense 900 Estimated warranty Liability 900 Recorded warranty expense...
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- Spring '08