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What is the RE Estimated Warranty Payable at the end

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Question - Realton Electirc (RE) owed Estimated Warrenty Payable of 1,000 at the end of 2017. During 2018, RE made sale of 110,000 and expects product warranties to cost the company 2% of the sales. During 2018, RE paid 2,300 for warranties. What is the RE Estimated Warranty Payable at the end of 2018?

Reference no: EM132535512

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