Hitzu Co. sold a copier costing $3,500 with a two-year parts warranty to a customer on August 16, 2018, for $7,000 cash. Hitzu uses the perpetual inventory system. On November 22, 2019, the copier requires on-site repairs that are completed the same day. The repairs cost $106 for materials taken from the repair parts inventory. These are the only repairs required in 2019 for this copier. Based on experience, Hitzu expects to incur warranty costs equal to 4% of dollar sales. It records warranty expense with an adjusting entry at the end of each year.

Answers

Answer 1

Answer:

1.$ 280

2. $280

3.$0

4. $174

5. (a) Aug 16 2018

Dr Cash 7,000

Cr Sales 7,000

(b) Aug 16 2018

Dr Cost of goods sold 3,500

Cr Merchandise inventory 3,500

(c) Aug 16 2018

Dr Warranty expense 280

Cr Estimated warranty liability 280

(d) Nov 22 2019

Dr Estimated warranty liability 106

Cr Repair part inventory 106

Step-by-step explanation:

1. Calculation for how much warranty expense does the company report in 2018 for this copier

Warranty Expense= 7,000 x 0.04

Warranty Expense= $280

2. Calculation for How much is the estimated warranty liability for this copier as of December 31, 2018

2018 Estimated Warranty liability= 7,000 x 0.04

2018 Estimated Warranty liability=$280

3. Calculation for How much warranty expense does the company report in 2019 for this copier

The company in the year 2019 report $0 warranty expense for the copier.

4. Calculation for How much is the estimated warranty liability for this copier as of December 31, 2019?

2019 Estimated warranty liability =280-106

2019 Estimated warranty liability =174

5. Preparation of the Journal entries to record (a) the copier sales (b) the Adjustment on Dec 31 2018 to recognize the warranty expense (c) the repairer that occured in November 2019

(a) Aug 16 2018

Dr Cash 7,000

Cr Sales 7,000

(b) Aug 16 2018

Dr Cost of goods sold 3,500

Cr Merchandise inventory 3,500

(c) Aug 16 2018

Dr Warranty expense 280

Cr Estimated warranty liability 280

(d) Nov 22 2019

Dr Estimated warranty liability 106

Cr Repair part inventory 106


Related Questions

struggling a lot pls help!!!!! ASAP

Answers

Answer:

Its (-2, 0)

Explanation: This is actually very simple because you just simply go left 2 times towards the middle of the two lines crossing each other, and thats -2.  Then after the point doesn't move any farther so its 0.

How do I solve for x in this special triangle?

Answers

Answer:

x = 5

Step-by-step explanation:

[tex]b = \sqrt{c^{2} - a^{2} }[/tex]

[tex]b = \sqrt{13^{2} - 12^{2} }[/tex]

[tex]b = \sqrt{169 - 144 }[/tex]

[tex]b = \sqrt{25}[/tex]

[tex]b = 5[/tex]

What is the value of the expression
-1s/20r if r= -1/4 and s= 4/5?
Simplify your answer.​

Answers

Answer:

[tex]\frac{4}{25}[/tex]

Step-by-step explanation:

Given expression:

          [tex]-\frac{1s }{20r}[/tex]  

   r  = [tex]-\frac{1}{4}[/tex] , s = [tex]\frac{4}{5}[/tex]

Now;

     [tex]-\frac{1s }{20r}[/tex]    = [tex]-\frac{s}{20r}[/tex]

              Insert the parameters:

                = [tex]-\frac{\frac{4}{5} }{20 x (-\frac{1}{4} )}[/tex]  

               = - [tex]\frac{\frac{4}{5} }{-5}[/tex]  

              -x - = +

                = [tex]\frac{4}{5}[/tex] x [tex]\frac{1}{5}[/tex]

                = [tex]\frac{4}{25}[/tex]

scientific notation the question is 4x10 to the power of negative 9

Answers

Answer: -15

Step-by-step explanation:

I think that's right

Brooklyn had 4.52 inches of rain in April. In May it rained 5.23 inches and 3.41 inches of rain in June. How much rain did the city have during this three-month period?

Answers

Answer:

[tex]Total = 13.16\ in[/tex]

Step-by-step explanation:

Given

[tex]April = 4.52\ in[/tex]

[tex]May = 5.23\ in[/tex]

[tex]June = 3.41\ in[/tex]

Required

Determine how much rain the city had

To do this, we simply sum the rainfall in the three months

[tex]Total = April + May + June[/tex]

[tex]Total = 4.52\ in + 5.23\ in + 3.41\ in[/tex]

[tex]Total = 13.16\ in[/tex]

Hence:

13.16 inches of rain fell

Answer:

Step-by-step explanation:

im not suree

simply the following equations
a. -5(-3x - 2y +1)

b. 6(x + 3y -5)

Answers

15x + 10y -5

6x + 18y -30

Rst is a right triangle rs=12 rt=20 st=15 what is sin r

Answers

Answer:

3/4 (0.75)

Step-by-step explanation:

sin r = 15/20 = 3/4 (0.75)

42°
X Х
x =
degrees
tar

PLEASE HELP ITS URGENT

Answers

Answer:

x = 48°

Step-by-step explanation:

The sum of the 3 angles in a triangle = 180°, thus

x = 180° - (90 + 42)° = 180° - 132° = 48°

Write the rational number as a decimal -3 4/9

Answers

Answer:-3.4

Step-by-step explanation:

what's the relationship between the two 7s in 0.977​

Answers

The 7 in the hundredths place is 10 more than the 7 in the thousandths place

What is this answer?

Answers

A because they all something I forgot but a

What is the slope,m, of the table?

What is the y-intercept,b, of the table?

What is the equation that represents the table?

Answers

Answer:

9

Step-by-step explanation:

what percent is equivalent to 2/3

Answers

2/3 is equivalent too 66.6%

What is the slope of (2,6) and (7,21)

Answers

Answer:

m=3

Step-by-step explanation:

Answer:

15/5 or 3

Step-by-step explanation:

Slope is always the following formula:

y2 - y1 / x2 - x1

..............................................................................................

Now, replace the variables:

21 - 6 / 7 - 2

15 / 5

3

What is the solution to the equation below
50+ 4 = 2(C-5)

Answers

Answer:

32

Step-by-step explanation:

54 = 2(C-5)

27 = C-5

32 = C

Find the value of g(7) for the function below.

G(x)=7/8 - 1/2

A. 60/7
B. 48/8
C. 53/8
D.49/8

Answers

Answer: The correct answer is (A) - 60/7 :)

Step-by-step explanation: The answer is A because all of the other ones make absolutely no sense one bit at all...!

Answer:

C.60/7

Step-by-step explanation:

If the slope of line a is -4/3 and the slope of line b is 3/4 line a and line b are perpendicular

A: True
B: False
C: False most of the time

Answers

Answer:

hi! so for perpendicular it's negative reciprocal!

so is -4/3 and 3/4 negative reciprocals?

oh and remember reciprocals are flipped!

if you still don't get it let me know aha

Answer:

True

Step-by-step explanation:

e Whenever you need to find the slope of a line, it is always the reciprocal with the opposite sign. For example, if your slope was 5, your slope to make it perpendicular would be -1/5. If you had the slope of -8/5, the perpendicular sope would 5/8.

Simplify with negative radicands in terms of i:
5+ V-49
6

Answers

Answer:

= v − 491

Step-by-step explanation:

5+ v− 496

5 + v + − 496

Combine Like Terms

5 + v + − 496

(v) + (5 + −496)

The diameter of a circle is 11 in. Find its area to the nearest tenth.

Answers

Answer: 95.033

Step-by-step explanation:

Which point can be the initial value of an application?


(0,5)
(7,12)
(5,0)
(-12,7)

Answers

Answer:

C maybe lemme know is its correct:)

Step-by-step explanation:

im really confused ​

Answers

Answer:

   C. 10.5

Step-by-step explanation:

2=3

3=4.5

4=6.0

5=7.5

6=9

7=10.5

Answer:

the answer is 10.5

Step-by-step explanation:

if you keep going with the relationship every 1 place value up is another 1.5 added so if you go to 7 you get 10.5

Which linear inequality is represented by the graph?

1 y 1/2x + 2
2 yx+2
3 y=x+2
4 y2 x + 2

Answers

Answer:

A

Step-by-step explanation:

The linear equation of inequality is y ≤ ( x/2 ) + 2

What is an Inequality Equation?

Inequalities are the mathematical expressions in which both sides are not equal. In inequality, unlike in equations, we compare two values. The equal sign in between is replaced by less than (or less than or equal to), greater than (or greater than or equal to), or not equal to sign.

In an inequality, the two expressions are not necessarily equal which is indicated by the symbols: >, <, ≤ or ≥.

Given data ,

Let the inequality equation be represented as A

Now , the value of A is

Substituting the values in the equation , we get

The x intercept of the equation is when y = 0

So , A ( -4 , 0 ) is the x intercept

And , the y intercept is when x = 0

So , B ( 2 , 0 ) is the y intercept

Therefore , the inequality is y ≤ ( x/2 ) + 2 and the graph is plotted

Hence , the inequality is y ≤ ( x/2 ) + 2

To learn more about inequality equations click :

https://brainly.com/question/11897796

#SPJ7

dose anybody know how to do these kind of questions? with the step by step

Answers

X+1>-5(7-2x)

-Remember Parenthesis are always first!!
-A Negative Times a Negative =A positive
- X can also be written as 1x
-Whatever you do to one side, you have to do to the other


1x+1>-35+10x
-1x -1x
1 > -35 +9x
+35. +35

36 > 9x

-We divide by 9, NOT 9x. The reason we only divide by 9 is because we are trying to cancel out and get X by itself

36/9 = 4

9>x

Hope that helped!!!

5th grade math. Correct answer will be marked brainliest.

Answers

Answer: 1,285, 1,282, 1,278

Step-by-step explanation:

Answer:

1,285, 1,282, 1,278

Step-by-step explanation:

my question is to solve this and there is working out because if there is no working out then it is harder for me to understand 2(x+3)=x-4​

Answers

Answer:

x = -10

Step-by-step explanation:

i know math

Find all real square roots of -9

Answers

Answer:

3i

Step-by-step explanation:

i equals -1, the square root of 9 is 3

-1 times 3 times 3 is -9

Please answer correctly !!!!!!!!!!!!! Will mark brainliest !!!!!!!!!!!!!!!!!!!

Answers

Answer:

5*35+5=180

Step-by-step explanation:

I don’t have a step by step explanation but I can definitely confirm the answer is 180, the equation should be 5*35+5=180 :)

Please help! I will give brainlist, if I can

Answers

It is B glad I could help!

your awnser is C

Step-by-step explanation:

cause you'll need to multiply 1.05 × 15 then divide by 100

Write an equation in POINT-SLOPE FORM of the line that has a slope of -3/5 and passes through the point (2, 1). harrryyy this is due at midnight if u dont know please dont just steall my pointssss

Answers

Answer:

y=-3/5x+2.2

Step-by-step explanation:

5/100+8/10=?......help

Answers

85/100
17/20 when simplified

Answer:

the answer is [tex]\frac{17}{20}[/tex]

Step-by-step explanation:

Try using Symbolab, I use it all the time it gives the correct answer and it gives good explanations (I use it all the time).

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