8 Required: 6 1. Does this situation represent a loss contingency? 2. Prepare journal entries that summarize sales of the awnings (assume all credit sales) and any aspects of the warranty that should be recorded during 2021 3. What amount should Cupola report as a liability at December 31, 2021? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 ferences Does this situation represent a loss contingency? Loss contingency Required 2 > Check my work Journal entry worksheet 2 3 Record the 2021 sales. Note: Enter debitis before credits. Event Donnest General Journal Debit Credit Ook View transaction list Journal entry worksheet 1 3 Record the accrued liability and expense. ences Note: Enter debits before credits. Event 2 General Journal Debit Credit > Check my wo 00 8 View transaction list Journal entry worksheet 166 points < 1 2 3 ebook Record the actual expenditures. Him References Note: Enter Bebits before credits.. Event 3 General Journal Debit Credit > Check my won 8 1. Does this situation represent a loss contingency? Book Help Save & Exit Submit Check my work 2. Prepare journal entries that summarize sales of the awnings (assume all credit sales) and any aspects of the warranty that should be recorded during 2021 3. What amount should Cupola report as a liability at December 31, 2021? Complete this question by entering your answers in the tabs below. Hal rences Required 1 Required 2 Required 3 What amount should Cupola report as a liability at December 31, 2021 Liability