Question: please hand write instead of screen shot HAND WRITE PLEASE DO NOT USE DIGITAL. journalize Record the 2021 sales. Record the accrued liability and expense.

Record the 2021 sales. Record the accrued liability and expense. Record the actual expenditures. journalize transactions. Cupola Awning Corporation introduced a new line of commercial awnings in 2021 that carry a two-year warranty against manufacturer's defects. Based on their experience with previous product introductions, warranty costs are expected to approximate 2% of sales, Sales and actual warranty expenditures for the first year of selling the product were: Sales 55, 340,000 Actual warranty Expenditures $49,500
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