Under the cash-basis method, companies expense warranty costs as incurred. In other words, a
seller or manufacturer charges warranty costs to the period in which it complies with the
warranty. The company does not record a liability for future
Bad News Presentation
What is the bad news?
Every one is getting a pay cut due to the business taking a massive loss.
Im happy to announce that everyone has been working really hard and the corporation is really
pleased. We have made a lot of achievements