Question: Prepare the December 3 1 entry assuming it is probable that Marigold will be liable for $ 8 8 6 , 7 0 0 as

Prepare the December 31 entry assuming it is probable that Marigold will be liable for $886,700 as a result of this suit. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)
\table[[Date,Account Titles and Explanation,Debit],[December,,],[31,2025,,]]Stellar Factory provides a 2-year warranty with one of its products which was first sold in 2025. Stellar sold $1,079,400 of products subject to the warranty. Stellar expects $118,930 of warranty costs over the next 2 years. In that year, Stellar spent $72,020 servicing warranty claims. Prepare Stellar's journal entry to record the sales (ignore cost of goods sold) and the December 31 adjusting entry, assuming the expenditures are inventory costs. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)
\table[[Date,Account Titles and Explanation],[During,],[2025,]]ubrace((To record payment for warranty costs incurred) ubrace)Splish Inc. provides paid vacations to its employees. At December 31,2025,18 employees have each earned 2 weeks of vacation time. The employees' average salary is $680 per week. Prepare Splish's December 31,2025, adjusting entry. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)
\table[[Account Titles and Explanation,Debit,Credit,],[,,,],[,,,]]Current Attempt in Progress
Oriole Corporation made credit sales of $37,800 which are subject to 6% sales tax. The corporation also made cash sales which totaled $30,846 including the 6% sales tax.
(a)
Prepare the entry to record Oriole's credit sales. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)
Account Titles and Explanation
Debit
Credit
eTextbook and Media
List of Accounts
Attempts: 0 of 3 used
(b)
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Prepare the December 3 1 entry assuming it is

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