1. Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $3,150 of accrued vacation benefits for the year. 2. During December, Maxum Company sold 4,000 units of a product that carries a 60-day warranty, December sales for this product total $126,000. The company expects 10% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $18. Prepare adjusting entries at December 31 for Maxum Company's year-end financial statements for each of the above separate transactions View transaction list Journal entry worksheet Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $3,150 of accrued vacation benefits for the year. Record the related adjusting entry, Note: Enter debits before credits Transaction General Journal Debit Credit Chec 1. Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $3,150 of accrued vacation benefits for the year 2. During December, Maxum Company sold 4,000 units of a product that carries a 60-day warranty, December sales for this product total $126,000. The company expects 10% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $18 Prepare adjusting entries at December 31 for Maxum Company's year-end financial statements for each of the above separate transactions View transaction list Journal entry worksheet