6 Chrome File Edit View History Bookmarks Profiles T Window Help Sun Nov13 11:22PM . . ml. Grades -10820 AK X 6 Question 6 - Char X C Chegg Search X t Course Hero X t Course Hero 6 C i ezto.mheducatio .Com/ext/map/index tml con con&extemal7browse &launchUrl ittps'VoZSSA mL Homepage Pima Class ACC 211 Fi H lnbox (6) - bburn E] Pima Community... Acct I Ch 1 Flash Chapter 8 Homework 0 SaVed Help Save& Exit Submit 6 Windyintroduces a new compact music player that carries a twoyear warranty against manufacturer's defects. Based on industry experience with similar product introductions, warranty costs are expected to be approximately 1% of sales. By the end ofthe first year of selling the product, total sales are $30.2 million, and actual warranty expenditures are $220,000. Record the adjusting entry for the remaining expected future warranty costs as of December 31, the end of the reporting period, (If no 0.75 entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your pm\" 5 answers in dollars, not millions. For example, $5.5 million should be entered as 5,500,000.) Print References Journal entry worksheet 1 Record the adjusting entry for the remaining expected future warranty costs as of December 31, the end of the reporting period. Note: Enter debits before credits. Transaction General Journal 1 iWarranty Liability ' '