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Why necessary to provide for estimation of future warranty

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Reference no: EM133000119

Problem 1: 2009 SuperClean Manufacturing Ltd sells washers and dryers with a one year warranty. The company does not record a provision for possible 'vvarranty claims at the end of each period. As the new company accountant, explain why it is necessary to provide for an estimation of future warranty costs for each period.

Reference no: EM133000119

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