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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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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The Answer of 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?

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