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I have a question on ACCT 2301. Thanks for the help! Assgnmant 9s 30 p)x C eztom

ID: 2530592 • Letter: I

Question

I have a question on ACCT 2301. Thanks for the help!

Assgnmant 9s 30 p)x C eztomheducation.com/hm.tpx 2.10 points QS 9-9 Recording warranty repairs LO P4 On September 11, 2014, Home Store sels a mower for S470 with a one year waranty hat covers parns warranty exponse is Cshman d at 12% osals on July 21, 2015 tnc mower is brougni in for repairs H1e are the Sepitirbet 11 2014, enity to eterd llle move' sale, and thitt July 24 2013, entry to etold lhe aranty repairs. IRound your answers to 2 decimal places. Journal entry worksheet Recard thr mawer sales. General Journal Debit Credit sep 11 ?14 Record entry Clear entry iew general journal Windows [? ? 1.,-013;?? Window References eBook & Resources 18--24

Explanation / Answer

Sep-11-14 Cash 470       Sales 470 Sep-11-14 Warranty expense 56.4 =470*12%         Estimated warranty liability 56.4 Jul-24-15 Estimated warranty liability 33       Repair parts inventory 33