are completed the same day. The repairs cost $14,000 for materlals taken from parts inventory. The entry to record the repairs that occur on January 5 is: Multiple Choice Reload this page -xpense $11,500; credit Estimated Warranty Liability $11,500. Debit Estimated Warranty Liability $25,500; credit Warranty Expense $25,500. Debit Warranty Expense $14,000; credit Estimated Warranty Liability $14,000. Debit Estimated Warranty Liability $11,500; credit Parts inventary $11,500. Debit Estimated Warranty Liability \$14,000; credit Parts Inventory \$14,000