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Nance Company Estimates Its Annual Warranty Expense as 4% of Annual

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Nance Company estimates its annual warranty expense as 4% of annual net sales.The following data relate to the calendar year 2010: Nance Company estimates its annual warranty expense as 4% of annual net sales.The following data relate to the calendar year 2010: Which one of the following entries was made to record the 2010 estimated warranty expense? Which one of the following entries was made to record the 2010 estimated warranty expense? Nance Company estimates its annual warranty expense as 4% of annual net sales.The following data relate to the calendar year 2010: Which one of the following entries was made to record the 2010 estimated warranty expense?

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