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Listed below are a few transactions and events of Maxum Company. 1. Employees earn vacakion pay at a fate of one day per month. Maxum estimated and must expense $13,000 of occrued vacation benefits for the year. 2. During December, Maxum Company sold 12,000 units of a product that cames a 60 -day warranty. December-sales for this product total $460,000 The company expects 10% of the units to need warranty repairs, and it estimates the average repair cost per unit wil be $15 Prepare adjusting entries at December 31 for Maxum Company's year-end financial statements for each of the above separate transactions. Journal entry worksheet Employees eam vacatice pary at a rate of otie day per month. Maxum estimated and must expense $13,000 of accrued vacation benefits for the year plecord the felsted sofusting entry. Mate Enter debits before crece. Listed below are a few transactions and events of Maxum Company. 1. Employecs carn vacation pay at a rate of one day per month. Maxum estimated and must expense $13,000 of accried vacation benefits for the year 2. During Decembes, Maxum Company sold 12,000 units of a product that carries a 60 -day warranty. December sales for this product total $460,000. The compary expects 10% of the units to need warranty repairs, and it estimates the average repair cost pet unit will be $15. Prepare adjusting entries at December 31 for Maxum Companys yeat-end financial statements for each of the above separate transactions Journal entry worksheet During December, Maxum Company sold 12,000 units of a product that carries a 60-day warranty, December sales for this product total $460,000. The eompany expects 10% of the units to nesd warranty repatre, and it estimates the averape repalr coet per unit wil be s15. Record the related adjugting