92-A - 600 Merchandise Inventory 600 Warranty recorded Dec...

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Name _________________________________ Section A B C Ex. Or Prob. # __________________________ ACG203 Posting General Journal Date Account Title and Explanation PR Debit Credit 2007 Nov 11 th Cash 7,875 Sales 7,875 Sold razors Cost of goods sold 2100 Merchandise inventory 2100 Cost of Sale Nov 30th Warranty Expense 630 Warranty liability 630 Warranty recorded Dec 9 th Estimated Warranty Liability 300 Merchandise Inventory 300 Recorded cost of warranty Dec 16th Cash 16,500 Sales 16,500 Sold razors Cost of goods sold 4400 Merchandise inventory 4400 Cost of Sale Dec 29th Estimated Warranty Liability
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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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92-A - 600 Merchandise Inventory 600 Warranty recorded Dec...

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