What is the warranty expense for 2020

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Question: Problem a-is (AICPA Adapted) In 2020, Dubious Company began selling now line of products that carry a two-year warranty against defects. Based upon past experience with other products, the entity estimated warranty coats as a percentage of pew sales. First year of w arranty 2% Second year of warranty Sales Actual warranty met 1. 2020 2021 6,000.000 7,(XX),1100 101000 300.000 What is the warranty expense for 2020?

Reference no: EM133654961

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