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    Accounting Principles
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    Exam 11: Current Liabilities and Payroll Accounting
  5. Question
    Warranty Expenses Are Reported on the Income Statement as
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Warranty Expenses Are Reported on the Income Statement as

Question 178

Question 178

Multiple Choice

Warranty expenses are reported on the income statement as


A) administrative expenses.
B) part of cost of goods sold.
C) contra-revenues.
D) selling expenses.

Correct Answer:

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