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[Applause] hello accounting superstars welcome to the accounting superstar Channel youre in the right place if you want to learn accounting while I was looking at my hair and I havent had a haircut since February and this is now made due to the corona virus and I dont think it looks too awful terrible bad but its getting pretty shaggy so hopefully this coronavirus thing will well be done with it in a month or two Im hoping so today were going to learn about accounting for warranties if you look in your textbook which I hope you do the examples that they give are sometimes a little confusing for one thing they tend to use really large numbers and a second thing is that they mix up they dont make clear the two different kinds of warranties and so oftentimes when youre reading through their examples youre wondering well what warranty are you talking about so to make it clear there are two different types of warranties one warranty is called an assurance warranty it comes with y
