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Blossom inc began selling game consoles on November 1,2024. The company otfers a 60 -day warranty for defective merchandise. Based on past experience with other

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Blossom inc began selling game consoles on November 1,2024. The company otfers a 60 -day warranty for defective merchandise. Based on past experience with other similar products, Blossom estimates that 2.20% of the units sold will become defective in the Warranty period, and that the average cost of replacing or repairing a defective unit is $20. In November, Blossorn sold 38,000 units and 510 defective units were returned. In December, Blossom sold 57,000 units and S00 defective units were returned. The actual cost of replacing the defective units was $16.160. (a) Prepare a joumal entry to accrue for the estimated warranty costs for the November and December sales at December 31.2024 (Credit eccount titles are outomatically indented when the omount is entered. Do not indent manually. If no entry bs required, select "No Entry" for the occount tieles and enter O for the amounts. (Ist debit enery before credit entryd) Prepare a journal entry to accrue for the estimated warranty costs for the November and December sales at December 31,2024. (Credit occount titles are dutomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the occount tibles and enter 0 for the amounts. List debit entry before credit entry)

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