the cost of a product warranty should be included as an expense in what accounting definition?
- olliverLv 68 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.
- Anonymous8 months ago
Its right there in your textbook. You should read it.
- Don GLv 78 months ago
The matching principle.