Please complete 27A and 28A

p10-27A Journalizing A Journalizing liability transactions be following transactions of Houston Pharmacies occurred during 2015 and 2016 2015 a Purchased computer equipment at a cost of $13,000 signing a six-month, 9% note payable for that amount. 29 Recorded the week's sales of $66,000, three-fourths on credit and one-fourth for cash. Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold. Teh 5 9 31 sent the last week's sales tax to the state. Paid the six-month, 9% note, plus interest, at maturity Purchased merchandise inventory for $6,000, signing a six-month, 10% note payable. The company uses the perpetual inventory system. Accrued warranty expense, which is estimated at 3% of sales of 5601,000. Accrued interest on all outstanding notes payable. Dec 31 31 2016 Feb. 29 Paid the six-month 10% note, plus interest, at maturity. Journalize the transactions in Houston's general journal. Explanations are not required P10-28A Journalizing liability transactions The following transactions of Oscar Landing occurred during 2016: Apr. 30 Jun 30 Jul. 28 Sep. 30 Landing is party to a patent infringement lawsuit of $220,000. Landing's attorney is certain it is remote that Landing will lose this lawsuit Estimated warranty expense at 2% of sales of $420,000. Warranty claims paid in the amount of $5,800. Landing is party to a lawsuit for copyright violation of $110,000. Landing's attorney advises that it is probable Landing will lose this lawsuit. The attorney estimates the loss at $110,000 Landing estimated warranty expense on sales for the second half of the year of $460,000 at 2% Dec 31 Requirements 1. Journalize required transactions, if any, in Landing's general journal. Explanations are not required. 2. What is the balance in Estimated Warranty Payable assuming a beginning balance