Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 3 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 08 Oct 2017 My Price 5.00

nowmobiles

Trekster corrector guarantees its snowmobiles for three years.Company experience indicates that warranty costs will be approximately 4% of sales.Assume that the Trekster dealer in Colorado Springs made sales totaling $533,000 during 2014.The company received cash for 30% of the sales and notes receivable for the remainder . Warranty payments totaled $17,000 during 2014.(1)Record the sales,warranty expense and warranty payments for the company.Ignore cost of goods sold.(2) Post to the Estimated Warranty Payable T account.At the end of 2014,how much in Estimated Warranty Payable does the company owe?Assume the Estimated Warranty Payable is $0 on January 1,2014.

Answers

Maurice Tutor
(5)
Status NEW Posted 08 Oct 2017 08:10 PM My Price 5.00

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