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A company estimates that warranty expense will be 2% of tales. The company's sales for the current perlod are $192,000. The current period's entry to

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A company estimates that warranty expense will be 2% of tales. The company's sales for the current perlod are $192,000. The current period's entry to record the warranty expense is: Multiple Choice Debit Warranty Expense $3,840 credit Sales $3.940. Debit Warranty Experne 53,840 credit Estimated Warranty ability $3,840 o Detit Estimated Warranty Liability $3,840 credit Warranty Experte $2.000 Debit Estimated Warranty oby 53140 credit Con 53,140, A company has a selling price of $1700 each for its printers. Each printer has a 2 year warranty that covers replacement of defective parts. It is estimated that 2% of all printers sold will be returned under the warranty at an average cost of $548 ench During November, the company sold 28.000 printers, and 380 printers were serviced under the warranty What is the company warranty expense for the month of November? Multiple Choice 525.000 $56.240 5280 0 $53.000

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