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The beginning warranty liability was 25000 sales of 5000000

Question - The beginning warranty liability was $25,000. Sales of $5,000,000 were made, and 2% of sales is the estimated warranty cost. The ending balance of the warranty liability was $35,000 (credit). How much warrant work was performed?

A. $10,000.

B. $90,000.

C. $100,000.

D. $110,000.

E. None of these.

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Accounting Basics: The beginning warranty liability was 25000 sales of 5000000

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Accounting Basics: The beginning warranty liability was 25000 sales of 5000000

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