Homework: Chapter 11 Question 2, Exercise 11-10 (similar to) Part 1 of 3 > HW Score: 0%, 0 of 10 points O Points: 0 of 2 Save Pierre Limited, a new company, made sales of 24,000 units at a cost of $43 per unit. The company offers a one-year warranty that replaces any defective units with a new one. The company estimated warranty replacements at 4.5 percent of units sold. Pierre's actual warranty replacements were 970 units. Record warranty expense and warranty payments on December 31. How much is Pierre's estimated warranty payable at the end of the period? Record the journal entry for the warranty expense for the year. (Record debits first, then credits. Explanations are not required. Round amounts to the nearest whole dollar.) Date December 31 Accounts Debit Credit Help me solve this Calculator Ask my instructor Clear all Check answer