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Accrued Product Warranty requiring $$155$ of parts and $$95$ of labor.

For a compound transaction, if an amount box does not require an entry, leave it blank.

a$.$ Journalize the adjusting entry required at January $31,$ the end of the first month of the current fiscal year, to record the accrued product warranty.

b$.$ Journalize the entry to record the warranty work provided in February.