CH 9 We are hired as consultants to assist Arctica Company in accounting for its warranty expenses. Arctica offers a one-year warranty covering parts on each snowmobile itsells. The following Tableau Dashboard is provided to assist us. 2 point Estimated Warranty Expense vs. Actual Warranty Claims $25,000 $20,000 Actual Warranty Claims Estimated Warranty pene $15.000 Weferences $10.000 $5,000 $0 4 Years Ago 3 Years Ago 2 Years Ago 1 Year Ago Current Year Sales by Model Estimated Warranty Expense Percentage by Model MC Map SER HW Crane 9 10 4 years 3 Years Age 2 years 1 year ago Estimated Warranty Expense Percentage by Model Current Year Sales by Model 6 Puma Jag 4N Current w 105.000 24 25 Ly 196 04 Puma Jag Lynx oble wser=0&launchurl=https%253A%252F%252Fblackboard.nicu.edi Saved 2 Years Ago 1 Year Ago Current Year Sales by Model Puma Jag Lynx Lynx Current Year Sales: $80,000 Etica report for the current year? year to recognize warranty expense. rs on January 15 of the followina vear and the replacement a 1 Year Ago 2 Years Ago Current Year Sales by Model Puma Jag Puma Current Year Sales: $60,000 Lynx 9 1. How much total estimated warranty expense does Arctica report for the current year? 2. Record the adjusting entry at year end of the current year to recognize warranty expense. 3. A customer brings in a snowmobile for warranty repairs on January 15 of the following year and the replacement parts cost $700 Record the journal entry for this repor. 2 points Complete this question by entering your answers in the tabs below. etico Required 1 Required 2 Required Record the adjusting entry at year-end of the current year to recognize warranty expense. Print View transaction is lo References Journal entry worksheet 9 LUI Complete this question by entering your answers in the tabs below. 2 Required Required 2 Required A customar brings in a snowmobile for warranty repairs on January 15 of the following year and the replacement parts cost $700. Record the journal entry for this repair wo IN Journal entry worksheet CH 9 We are hired as consultants to assist Arctica Company in accounting for its warranty expenses. Arctica offers a one-year warranty covering parts on each snowmobile itsells. The following Tableau Dashboard is provided to assist us. 2 point Estimated Warranty Expense vs. Actual Warranty Claims $25,000 $20,000 Actual Warranty Claims Estimated Warranty pene $15.000 Weferences $10.000 $5,000 $0 4 Years Ago 3 Years Ago 2 Years Ago 1 Year Ago Current Year Sales by Model Estimated Warranty Expense Percentage by Model MC Map SER HW Crane 9 10 4 years 3 Years Age 2 years 1 year ago Estimated Warranty Expense Percentage by Model Current Year Sales by Model 6 Puma Jag 4N Current w 105.000 24 25 Ly 196 04 Puma Jag Lynx oble wser=0&launchurl=https%253A%252F%252Fblackboard.nicu.edi Saved 2 Years Ago 1 Year Ago Current Year Sales by Model Puma Jag Lynx Lynx Current Year Sales: $80,000 Etica report for the current year? year to recognize warranty expense. rs on January 15 of the followina vear and the replacement a 1 Year Ago 2 Years Ago Current Year Sales by Model Puma Jag Puma Current Year Sales: $60,000 Lynx 9 1. How much total estimated warranty expense does Arctica report for the current year? 2. Record the adjusting entry at year end of the current year to recognize warranty expense. 3. A customer brings in a snowmobile for warranty repairs on January 15 of the following year and the replacement parts cost $700 Record the journal entry for this repor. 2 points Complete this question by entering your answers in the tabs below. etico Required 1 Required 2 Required Record the adjusting entry at year-end of the current year to recognize warranty expense. Print View transaction is lo References Journal entry worksheet 9 LUI Complete this question by entering your answers in the tabs below. 2 Required Required 2 Required A customar brings in a snowmobile for warranty repairs on January 15 of the following year and the replacement parts cost $700. Record the journal entry for this repair wo IN Journal entry worksheet