Business, 01.11.2019 03:31 jagslovegirl

Bike world offers warranties on all their bikes. they estimate warranty expense at 3.5% of sales. at the beginning of 2013, the estimated warranty payable account had a credit balance of $1,200. during the year, bike world had $295,000 of sales, and had to pay out $5,300 in warranty payments. how much warranty expense will be reported on the 2013 income statement? group of answer choices

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Bike world offers warranties on all their bikes. they estimate warranty expense at 3.5% of sales. at...

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