the cost of a product warranty should be included as an expense in what accounting definition?

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  • 8 months ago

    To comply with the matching principle, the estimated costs of repairing and replacing the products under the warranty should be recorded in the same period as the revenues from the product sales.

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  • Anonymous
    8 months ago

    Its right there in your textbook. You should read it.

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  • Don G
    Lv 7
    8 months ago

    The matching principle.

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