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During August,Radio City Sold 200 IPods for $50 Each

Question 119

Multiple Choice

During August,Radio City sold 200 iPods for $50 each.Each iPod had cost Audio City $31 to purchase and carried a two-year warranty.If 5 percent typically need to be replaced over the warranty period and one actually is replaced during August,the entry to record the Product Warranty Expense is


A) During August,Radio City sold 200 iPods for $50 each.Each iPod had cost Audio City $31 to purchase and carried a two-year warranty.If 5 percent typically need to be replaced over the warranty period and one actually is replaced during August,the entry to record the Product Warranty Expense is A)   B)   C)   D)
B) During August,Radio City sold 200 iPods for $50 each.Each iPod had cost Audio City $31 to purchase and carried a two-year warranty.If 5 percent typically need to be replaced over the warranty period and one actually is replaced during August,the entry to record the Product Warranty Expense is A)   B)   C)   D)
C) During August,Radio City sold 200 iPods for $50 each.Each iPod had cost Audio City $31 to purchase and carried a two-year warranty.If 5 percent typically need to be replaced over the warranty period and one actually is replaced during August,the entry to record the Product Warranty Expense is A)   B)   C)   D)
D) During August,Radio City sold 200 iPods for $50 each.Each iPod had cost Audio City $31 to purchase and carried a two-year warranty.If 5 percent typically need to be replaced over the warranty period and one actually is replaced during August,the entry to record the Product Warranty Expense is A)   B)   C)   D)

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