All Things Digital Company Starts the Year with a Credit

question 70

Multiple Choice

All Things Digital Company starts the year with a credit balance of $3500 in its Estimated Warranty Payable account.During the year,there were $224,000 in sales and $4800 in warranty repair payments.All Things Digital estimates warranty expense at 2% of sales.At the end of the year,what is the balance in the Estimated Warranty Payable account?

• A) $4480 debit
• B) $4800 credit
• C) $3500 debit
• D) $3180 credit

---

Definitions:

Emergency Evacuation Plans

Procedures that are implemented to safely move people away from danger or potential threat in case of an emergency.

Stress Symptoms

Stress symptoms are physical or emotional responses to overwhelming or challenging situations, including fatigue, irritability, and difficulty concentrating.

Workplace Violence

Any act or threat of physical harm, harassment, intimidation, or other threatening disruptive behavior that occurs at work.

Cyberstalking

The use of digital communication technologies to harass, threaten, or pursue an individual persistently, causing fear or distress.