Author Question: Brooke's Bike Company sold 225 mountain bikes in October. The future estimated warranty cost for the ... (Read 82 times)

Lisaclaire · **on:** Jul 5, 2018

Brooke's Bike Company sold 225 mountain bikes in October. The future estimated warranty cost for the bikes is 25 per bike. The warranty period is one year. The amount of warranty expense for October is 468.75

Indicate whether the statement is true or false

Question 2

To a seller, cash discounts are considered the same as sales discounts.
a. True
b. False
Indicate whether the statement is true or false