category accounting

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Henry Corporation sells DVDs. The corporation also offers to sell its customers a two-year warranty contract as a separate service. During 2011, Henry sold 20,000 warranty contracts at $99 each. The corporation spent $180,000 servicing warranties during 2011, and it estimates that an additional $900,000 will be spent in the future to service the warranties. … Read moreHenry Corporation sells DVDs. The corporation also offers to sell its customers a two-year< span>< a>

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