Question: please answer with correct and detailed calculations and explanations. make sure supporting statements are also provided for each step and calculation. Flint Company sold 190

please answer with correct and detailed calculations and explanations. make sure supporting statements are also provided for each step and calculation.

please answer with correct and detailed
Flint Company sold 190 color laser copiers on July 10, 2025, for $3,670 apiece, together with a 1-year warranty. Maintenance on each copier during the warranty period is estimated to be $298. Prepare entries to record the sale of the copiers, the related warranty costs, and any accrual on December 31, 2025. Actual warranty costs (inventory) incurred in 2025 were $16,120. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record entries in the order displayed in the problem statement. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit Jul. 10, 2025 Cash 697300 Sales Revenue 697300 (To record sales) During 2025 Warranty Expense 56620 Inventory 56620 (To record payment for warranty costs incurred) Dec. 31, 2025 Warranty Expense 16120 Warranty Liability 16120 (To record estimated warranty expense and warranty liability for expected warranty claims)

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