Wednesday, May 26, 2010

Warranty Expense

Warranty Expense
periodpreviouscurrent
warranty expenseoverestimated (*)
reservecreatedreversal (reduced)
expenseexpensedreduced
liabilitycreatedreduced
net incomeunderstatedincreased
(*) actual claims < amounts accrued (and expensed)

0 comments:

Post a Comment