Which of the following is a characteristic of the expense warranty approach, but not the sales warranty approach?

Are you having trouble answering the question “Which of the following is a characteristic of the expense warranty approach, but not the sales warranty approach?”? If that’s the case, you don’t need to worry anymore. Azanswer has brought you the correct answer to your question.

Which of the following is a characteristic of the expense warranty approach, but not the sales warranty approach?

a. Estimated liability under warranties.
b. Warranty expense.
c. Unearned warranty revenue.
d. Warranty revenue.

Answer: Estimated liability under warranties

We hope you have got the correct answer to your question “Which of the following is a characteristic of the expense warranty approach, but not the sales warranty approach?”, which was part of Accounting MCQs & Answers. Thanks for choosing us.