Question: 2 3 . I need it fast i will upvotr thsnk you. Early in 2 0 2 5 , Sarasota Equipment sold 5 0 0

 23. I need it fast i will upvotr thsnk you. Early

23. I need it fast i will upvotr thsnk you. Early in 2025, Sarasota Equipment sold 500 Rollomatics at $6,300 each. During 2025, Sarasota spent $20,000 servicing the 2-year assurance warranties with inventory, cash, and payables that accompany the Rollomatic. All sales transactions are on a cash basis.
(a)
Prepare 2025 entries for Sarasota. Assume that Sarasota estimates the total cost of servicing the warranties in the second year will be $34,000.(If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)
Debit
Credit
(To record sales)
(To record payment for warranty costs incurred)
q,
(To record estimated warranty expense and warranty liability for expected warranty claims)
in 2025, Sarasota Equipment sold 500 Rollomatics at $6,300 each. During 2025,

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