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Today, we will continue with the revenue recognition topic and look into accounting for one of the revenue recognition issues related to performance obligations and warranties. ⬇️⬇️⬇️ Recommended videos: Playlist Accounts Receivable • Accounts Receivable Accounts Receivable & The Allowance for Doubtful Accounts • Master Accounts Receivable in 12 Minutes! Playlist Revenue Recognition and Reporting Results of Operations • Revenue Recognition and Reporting Results ... Revenue Recognition & The Five-Step Approach • Master Revenue Recognition with The Five-S... Collectibility and Revenue Recognition (ASC 606) • Learn How Collectibility Affects Revenue R... What is FASB Codification • Master FASB Codification Research in 7 Min... The textbook used in this video: Intermediate Accounting, Kieso ● Weygandt ● Warfield, 18th edition. Chapter 17. Additional resources: https://www.amsa-online.com/free-reso... American Modern School of Accounting is a nonprofit online vocational school that offers several programs to help adult learners to start or advance their careers in bookkeeping and accounting. We offer the following programs: • Certificate in Computerized Accounting with QuickBooks • Certificate in Computerized Bookkeeping with QuickBooks • Certificate in Computerized Bookkeeping with QuickBooks (Budget Plan) For more information, visit our website: https://www.amsa-online.com/ #WarrantyRevenue, #RevenueRecognition, #SeparatePerformanceObligations, #FiveStepApproach, #PerformanceObligations, #GAAP, #ASC606, #FASB, #Contracts, #Revenue, #RevenueEarned, #RevenueRealized, #RevenueRealizable, #RevenueRecognitionPrinciple, #FinancialAccounting, #IntermediateAccounting, #FinancialStatement, #FinancialReport, #IncomeStatement, #RevenueRecognition, #MatchingPrinciple, #accrualaccounting Get vidIQ to grow your channel faster! 🚀 https://vidiq.com/AccountingwithIa