Question: plz help meeeee Emperor: Pool Services provides pool deaning and maintenance services to residential dients. It offers a one-year warranty on all services. Review each
Emperor: Pool Services provides pool deaning and maintenance services to residential dients. It offers a one-year warranty on all services. Review each of the transactions: A. March 31: Emperor provides cleaning services for 22 pools during the month of March at a sales price per pool of $640 cash. Emperor records warranty estimates when saies are recognized and bases warranty estimates on 3 percent of sales. B. Apti 5: A customer files a warranty claim that Emperor honors in the amount of $140 cash. C. April 13: Another customer, J. Jones, files a warranty daim that Emperor does not honor due to customer negligence. D. June 8: 3. Jones files a lawsuit requesting damages related to the dishonored warranty in the amount of $1,600. Emperor determines that the lawsuit is likely to end in the plaintiff's favor and the $1,600 is a reasonable estimate for damages. Prepare any necessary journal entries for each situation, If an amount box does not require an entry, leave it blank. If no entry is required, select "No entry required" and leave the amount boxes biank. If required, round your answers to two decimal places
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