Cullumber Inc. began selling game consoles on November 1, 2024. The company offers a 60-day warranty for defective merchandise. Based on past experience with other similar products, Cullumber estimates that 2.80% of the units sold will become defective in the warranty period, and that the average cost of replacing or repairing a defective unit is $22. In November, Cullumber sold 33,000 units and 510 defective units were returned. In December, Cullumber sold 38,000 units and 690 defective units were returned. The actual cost of replacing the defective units was $21,120. Prepare a journal entry to accrue for the estimated warranty costs for the November and December sales at December 31, 2024. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.)

Cullumber inc. began selling game consoles on November 1, 2024. The company offers a 60 -day warranty for defective merchandise. Based on past experience with other similar products. Cullumber estimates that 2.80% of the units sold will becoene defective in the warranty period, and that the average cost of replacing or repairing a defective unit is $22. In November, Cullumber sold 33,000 units and 510 defective units were returned. In December, Cullumber sold 38,000 units anc 690 defective units were returned. The actual cost of replacing the defective units was $21,120. Prepare a journal entry to accrue for the estimated warranty costs for the November and December sales at December 31,2024 (Credit account titles are automatically indented when the amount is entered. Do not indent manualiy. If no entry is required, select "No Entry' for the occount titles and enter ofor the amounts. Ust debit entry before credit entry) Cullumber Inc. began selling game consoles on November 1.2024. The company offers a 60-day warranty for defective merchandise. Based on past experience with other similar products, Cullumber estimates that 2.80% of the units sold will become defective in the warranty period, and that the average cost or replacing or repairing a defective unit is $22. In November, Cullumber sold 33,000 units and 510 defective units were returned. In December. Cullumber sold 38.000 units and 690 defective units were returned. The actual cost of replacing the defective units was $21,120. Prepare a journal entry to accrue for the estimated warranty costs for the November and December sales at December 31,2024. (Credit account tities are outomatically indented when the amount is entered. Do not indent manuall), If no entry is required, select "No Entry' for the account titles and enter ofor the amounts. List debit entry before credit entry.)