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3) no explanation only values The accounfing rocords of ot the Wheol Cycle included the below eatry on January 1,2023 In the past, Of the

3) no explanation only values
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The accounfing rocords of ot the Wheol Cycle included the below eatry on January 1,2023 In the past, Of the Wheel Cycles Wrananty expense has been 3 percunt of sales Duing 2023, ot the Wheel Cycie made soles of 51,080,000 and pead 531 so0 to sotisty wananty chien Required 1. Record Off the Wheel Cycle's wartanty expense and warranty payments duaing 2003 . Explanations are not requined 2. What balance of Estimated Wattanty Payabla wil Oft the Wheet Cycle report on its balance sheet on Decembor 31,2023 ? Requirement 1. Record Off the Wheel Cycle's warranty exponse and warranty paymeats dunng 2023 . Explanations are not required Journalze the warranty expense (Record debits first, then credits. Exclude explanations trom journal entries.) Jounalde the whisanly parments the box empty; do not select a tabel or tnter a zero )

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