Which method is better suited for recording warranties

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You have just been asked to take over recording the warranties for the company's product. Currently, your company is using the cash basis for recording warranty expenses. Should that method continue to be used or is the accrual method better? Which method is better suited for recording warranties and why do you think it is better? Provide specific details as to why you selected the method you did.

Reference no: EM131286353

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