Extended Warranties In Accounting. the nature of a warranty can vary across reporting entities, industries, products, or contracts. an extended warranty is one which is is sold separately to the product itself. an extended warranty is sold for an additional fee allowing the customer to have the product repaired or replaced if for example, it is found to be damaged or defective after the original standard warranty has expired. extended warranties, also known as service contracts, are optional guarantees that provide coverage beyond. is an extended warranty purchased by a customer reported in the same manner as an automatic warranty. In essence, the customer has purchased a separate insurance policy for the product. properly accounting for extended warranties ensures compliance with regulatory standards and provides. It could be called a standard. For example for an additional fee the supplier might sell an extended warranty to cover the product for a further two years after the embedded manufacturers warranty expires.
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properly accounting for extended warranties ensures compliance with regulatory standards and provides. an extended warranty is one which is is sold separately to the product itself. is an extended warranty purchased by a customer reported in the same manner as an automatic warranty. the nature of a warranty can vary across reporting entities, industries, products, or contracts. For example for an additional fee the supplier might sell an extended warranty to cover the product for a further two years after the embedded manufacturers warranty expires. It could be called a standard. extended warranties, also known as service contracts, are optional guarantees that provide coverage beyond. In essence, the customer has purchased a separate insurance policy for the product. an extended warranty is sold for an additional fee allowing the customer to have the product repaired or replaced if for example, it is found to be damaged or defective after the original standard warranty has expired.
Chapter 13 Current Liabilities and Contingencies ppt download
Extended Warranties In Accounting In essence, the customer has purchased a separate insurance policy for the product. extended warranties, also known as service contracts, are optional guarantees that provide coverage beyond. an extended warranty is sold for an additional fee allowing the customer to have the product repaired or replaced if for example, it is found to be damaged or defective after the original standard warranty has expired. the nature of a warranty can vary across reporting entities, industries, products, or contracts. In essence, the customer has purchased a separate insurance policy for the product. an extended warranty is one which is is sold separately to the product itself. is an extended warranty purchased by a customer reported in the same manner as an automatic warranty. It could be called a standard. For example for an additional fee the supplier might sell an extended warranty to cover the product for a further two years after the embedded manufacturers warranty expires. properly accounting for extended warranties ensures compliance with regulatory standards and provides.
