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

4 Answers

  • 1 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.

  • Anonymous
    2 weeks ago

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

  • Don G
    Lv 7
    2 weeks ago

    The matching principle.

  • Henry
    Lv 5
    2 weeks ago

    In one that includes it. I don't buy warranties because new ones form Amazon are usually cheaper.

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