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Re: Orion1972 post# 109143

Thursday, 08/01/2019 10:17:50 PM

Thursday, August 01, 2019 10:17:50 PM

Post# of 164203
Warranty liabilities are booked as a separate item on a balance sheet. Revenue is recognized in most cases when the product has been delivered and paid for...which is done on the income statement.

Accounting 101.

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