問題詳情

4.On December 31, 2018, DDD Company sells equipment to TTT In
(C)for $125,000. DDD includes a 1-yearassurance warranty service with the sale of all its equipment. The customer receives and pays for theequipment on December 31, 2018. DDD estimates the prices to be $122,000 for the equipment and $3,000for the cost of the warranty.Instructions
【題組】(a) Prepare the journal entry to record this transaction (sales and warranty arrangement) on December 31,2018.

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