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Classic Sales Corporation offers warranties on all their electronic goods Warranty expense is estimated at 3% of sales revenue. In 2018, the company had $596,000

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Classic Sales Corporation offers warranties on all their electronic goods Warranty expense is estimated at 3% of sales revenue. In 2018, the company had $596,000 of sales. In the same year, it paid out $12.000 ot warranty payments. Wrach of the following is the entry needed to record the estimated waranty expense? OA Warranty Expense 17,880 Sales Revenue 17,830 OB. Warranty Expense 17,830 Estimated Warranty Payable 17,880 OC Estimated Warranty Payable 12,000 Cash 12.000 OD. Warranty Expense 12,000 Estimated Warranty Payable 12,000

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