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McCoy Industries completed the following transactions during 2024: (Click the icon to view the transactions.) Joumalize the transactions. Explanations are not required. Round to the nearest dollar. (Record debits first, then credits. Exclude explanations from journal entries.) Nov. 1: Made sales of $12,000. McCoy estimates that warranty expense is 5% of sales, (Record only the warranty expense.) Date Accounts Dobit Credit Nov. 1 More info Nov. 1 Nov. 20 Made sales of $12,000. McCoy estimates that warranty expense is 5% of sales. (Record only the warranty expense.) Paid $500 to satisfy warranty claims. Estimated vacation benefits expense to be $2,500. McCoy expected to pay its employees a 3% bonus on net income after deducting the bonus. Net income for the year is $60,000. Dec. 31 Dec. 31