15 A company estimates that warranty expense will be 5% of sales. The company has sales of $225,000 for the current period. The current period's entry to record the warranty expense is: OA Warranty Expense 11,250 Estimated Warranty Liability 11. 250 On Warranty Liability, 11. 250 Estimated Warranty Liability 11, 250 OC Estimated Warranty Liability... 11, 250 Estimated Liability Expense.. 11, 250 OD. Warranty Liability Expense.. 11, 250 Estimated Warranty Liability... 11, 250