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  3. the ending warranty liability was $25,000. sales o

The ending warranty liability was $25,000. Sales of $5,000,000 were made, and 2% of sales...

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Accounting

  1. The ending warranty liability was $25,000. Sales of $5,000,000 were made, and 2% of sales is the estimated warranty cost. The beginning balance of the warranty liability was $35,000 (credit). How much warranty work was performed?

    $110,000

    $100,000

    $10,000

    $90,000

    None of these

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