Google provides a 1 year warranty on its cell phones. At the end of 2019 Google estimates they will spend $2m in 2020 to repair/replace cell phones purchased in 2019 under warranty. Google ends up spending $1.9m in 2020 to repair/replace cell phones under warranty. What is the journal entry they would record in 2019?"
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Home » Business » Google provides a 1 year warranty on its cell phones. At the end of 2019 Google estimates they will spend $2m in 2020 to repair/replace cell phones purchased in 2019 under warranty. Google ends up spending $1.