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Question: Martinez Company sold 199 color laser coolers on July 10, 2017, for $3, 640 apiece, together with…
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Question: Martinez Company sold 199 color laser coolers on July 10, 2017, for $3, 640 apiece, together with...

Show transcribed image text Martinez Company sold 199 color laser coolers on July 10, 2017, for $3, 640 apiece, together with a 1-year warranty. Maintenance on each cooler during the warranty period is estimated to be $314, Prepare entries to record the sale of the copiers, the related warranty cost, and any accrual on December 31, 2017. Actual warranty costs (inventory) incurred in 2017 were 118, 190. (If no entry is required, select "No Entry" for the amount titles and enter 0 for the amounts. Credit account titles are automatically indented when amount in entered. Do not indent manually.)

Martinez Company sold 199 color laser coolers on July 10, 2017, for $3, 640 apiece, together with a 1-year warranty. Maintenance on each cooler during the warranty period is estimated to be $314, Prepare entries to record the sale of the copiers, the related warranty cost, and any accrual on December 31, 2017. Actual warranty costs (inventory) incurred in 2017 were 118, 190. (If no entry is required, select "No Entry" for the amount titles and enter 0 for the amounts. Credit account titles are automatically indented when amount in entered. Do not indent manually.)

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