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Wildcat Computers sells all of its computers for $2,500 each. During the month of February Wildcat sold 20 computers. It is estimated that the warranty expense is 2% of gross sales. Wildcat spent $100 in cash and $150 in parts repairing computers for this month.
Required: Prepare the journal entries to record the sale, record the estimated warranty expense, and record the warranty repairs.
Mucous Membranes
The moist tissue linings of various body cavities, including the mouth, nose, throat, and reproductive tract, that protect against infection.
Mechanical Barriers
Physical or structural methods used to prevent or control the entry or exit of harmful substances or organisms in a particular area.
Skin
The body's largest organ, serving as a protective barrier between the inside of the body and the external environment.
Immunoglobulin
Proteins in the blood plasma, also known as antibodies, which are crucial for the immune system's response against pathogens.
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