Which Journal Entry Would Probably Be Made If the Modified $\begin{array}{l}2010\\\text { Warranty Expense } &\text { XX } \\\text { Estimated Liability under Warranties } &&\text { XX }\end{array}$

question 40

Multiple Choice

Which journal entry would probably be made if the modified cash basis of accounting for warranties is in use for a sale made in 2010?

• A)
• \(\begin{array}{l}
• 2010\\
• \text { Warranty Expense } &\text { XX } \\
• \text { Estimated Liability under Warranties } &&\text { XX }
• \end{array}\)
• B)
• \(\begin{array}{lr}
• 2011\\
• \text { Estimated Liability under Warranties } & \text { XX } \\
• \text { Cash } & \text { XX }
• \end{array}\)
• C)
• \(\begin{array}{l}
• 2010\\
• \text { Cash } & \text { XX } \\
• \text { Sales }& \text { XX } \\
• \text { Unearned Warranty Revenue }& \quad\quad\text { XX }
• \end{array}\)
• D)
• \(\begin{array} { l }
• \underline { 2011 } \\
• \text { Warranty Expense } & \text { XX }\\
• \text { Cash } & \text { XX }
• \end{array}\)

Understand the classification and purposes of different psychoactive medications, including antipsychotics and antianxiety medications.

Recognize the side effects and potential drawbacks of first-generation antipsychotic medications.

Identify the symptoms and conditions treated by specific psychoactive medications.

Distinguish between typical (first-generation) and atypical (second-generation) antipsychotic medications.