At January 1, 2019, the Accrued Warranty Payable is . During 2019, the company recorded Warranty Expense of . During 2019, the company replaced defective products in accordance with product warranties at a cost of . What is the Accrued Warranty Payable at December 31, 2019?

The Accrued Warranty Payable Balance for the year ending December 2019 will take into account the Warranty expenses that were old less the warranty expenses that have been paid for already with the formula;

= Opening Accrued Warranty payable + Warranty Expense recorded for the Year - Warranty Expenses Paid in the year

= 1,800 + 19,400 - 12,400

= $8,800

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10-02-2021

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At January​ 1, 2019, the Accrued Warranty Payable is . During​ 2019, the company recorded Warranty Expense of . During​ 2019, the company replaced defective products in accordance with product warranties at a cost of . What is the Accrued Warranty Payable at December​ 31, 2019?

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At January 1, 2019, the Accrued Warranty Payable is . During 2019, the company recorded Warranty Expense of . During 2019, the company replaced defective products in accordance with product warranties at a cost of . What is the Accrued Warranty Payable at December 31, 2019?