CALATOR Earty in 2020, Sanchill woment Company sold 600 Rotomaties at 55,400 each. During 2020, Sandra spart 121,000 serving the 2 year once writes that accompany We Rollomonte. All sales transactions are on a cash basis Prepare 2020 entries for Santi Astume that Sand estimates the total cost of servicing the warranties in the second year walbe $31,000 (ar ne entry is required select they for the account tities and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Prepare 2020 entries for Sandhill assuming that the warranties are not an integral part of the sale service-type warranty). Assume that of the sales tot 353,000 relates to sales of warranty contracts Warranty costs incurred in 2020 were $21,000. Estimate revenues to be recognized on a straight line basis. I no entry is required, select "No Entry for the account tits and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually Round intermediate calculations to 3 decimal places - 1.54657 answers to 0 decimal places, e.g. 5,125. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit V24211 Prepare 2020 entries for Sandhill assurning that the warranties are not an integral part of the livice type warranty). Asume that of the tale to, 153.000 sta si sa contracts Warranty costs incurred in 2020 were $21,000. Estimate revenues to be recognised on a straight line. (If no entry is required select "Me Entry for the accounts and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually. Round intermediate calitation to fecimales eg. 1.54657 answers to o decimal places, 9.5, 125. Record journal antries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record warranty revenue) Version 2011