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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.
Motor Neuron
A motor neuron is a nerve cell that initiates and transmits a signal to a muscle or gland to trigger a response.
Electrical Impulses
Rapid changes in electric potential that travel along nerves or muscle fibers to transmit signals.
Sensory Neuron
Sensory neurons are nerve cells that transmit sensory information (e.g., touch, pain) from the body to the central nervous system for processing.
Effector
An organ or cell that acts in response to a stimulus, often leading to a physiological response in the body.
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