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Saran Digital Inc

question 34

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Saran Digital Inc.starts the year with $2,500 in its Estimated Warranty Payable account.During the year,there were $210,000 of sales and $4,500 of warranty repair payments.Saran Digital estimates warranty expense at 2% of sales.At the end of the year,what is the balance in the Estimated Warranty Payable account?


Definitions:

Beck

Refers to Aaron T. Beck, a psychiatrist known for his research in psychotherapy, cognitive therapy, and cognitive behavioral therapy.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses and anxiety through gradual exposure to the feared object or situation.

Anxiety-Provoking Situations

Circumstances or events that induce a state of anxiety or stress, often used in psychological studies to understand coping mechanisms.

Systematic Desensitization

A behavioral therapy technique aimed at reducing phobic reactions through gradual exposure to the feared object or situation while practicing relaxation techniques.

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