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Ch.11 Current Liabilities Explain the two basic entries for product warranties.

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Accounting

Ch.11 Current Liabilities

Explain the two basic entries for product warranties.

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When companies sells products most of the times they must guarantee for any defects in such sold products When such defects happen the company is obliged to make such defects good by either replacing the defective product with a new one or repairing the    See Answer
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