the cost of a product warranty should be included as an expense in what accounting definition?
- olliverLv 61 week 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.
- Anonymous2 weeks ago
Its right there in your textbook. You should read it.
- Don GLv 72 weeks ago
The matching principle.
- HenryLv 52 weeks ago
In one that includes it. I don't buy warranties because new ones form Amazon are usually cheaper.