A) Warranty Expense 1200 (Debit) / Sales Revenue 1200 (Credit) B) Warranty Expense 1200 (Debit) / Cash 1200 (Credit) C) Warranty Expense 1200 (Debit) / Warranty Payable 1200 (Credit) D) Warranty Payable 1200 (Debit) / Warranty Expense 1200 (Credit)

Prospect Company began operations on May 1 , Year 1 , and experienced the following events during the year: What of the following is the correct general journal entry to record the estimated future warranty liability