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Business, 07.03.2020 02:31 tiggyandrep2dbee

Kohl Co. provides warranties for many of its products. The January 1, 2019, balance of the Estimated Warranty Liability account was $54,333. Based on an analysis of warranty claims during the past several years, this year's warranty provision was established at 0.43% of sales. During 2019, the actual cost of servicing products under warranty was $20,840, and sales were $3,718,300.

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Kohl Co. provides warranties for many of its products. The January 1, 2019, balance of the Estimated...
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