Ecco Company sold $145,000 of kitchen appliances with six-month warranties during September. The cost to repair defects under the warranty is estimated at 6% of the sales price. On October 15, a customer required a $220 part replacement, plus $83 labor under the warranty. Required: Provide the journal entry for (a) the estimated expense on September 30 and (b) the October 15 warranty work. Refer to the Chart of Accounts for exact wording of account titles. CHART OF ACCOUNTS Ecco Company General Ledger ASSETS REVENUE 110 Cash 410 Sales 111 Accounts Receivable 610 Interest Revenue EXPENSES 112 Interest Receivable 113 Notes Receivable 115 Inventory 116 Supplies 510 Cost of Goods Sold 520 Salaries Expense 118 Prepaid Insurance 525 Delivery Expense 120 Land 526 Repairs Expense 123 Building 531 Rent Expense 533 Insurance Expense 124 Accumulated Depreciation-Building 125 Office Equipment 126 Accumulated Depreciation Office Equipment 534 Supplies Expense 535 Cash Short and Over 536 Product Warranty Expense LIABILITIES 541 Vacation Pay Expense 542 Pension Expense 210 Accounts Payable 213 Interest Payable 214 Notes Payable 221 Wages Payable 222 Social Security Tax Payable 223 Medicare Tax Payable 224 Federal Withholding Tax Payable 225 State Withholding Tax Payable 226 Federal Unemployment Tax Payable 543 Payroll Tax Expense 544 Federal Income Tax Expense 545 State Income Tax Expense 561 Depreciation Expense-Building 562 Depreciation Expense-Office Equipment 570 Damage Awards and Fines 590 Miscellaneous Expense 710 Interest Expense 227 State Unemployment Tax Payable 228 State Disability Insurance 231 Medical Insurance Payable 232 Retirement Savings Deductions Payable 233 Union Dues Payable 234 Vacation Pay Payable 235 Unfunded Pension Liability 241 Product Warranty Payable 242 EPA Fines Payable 243 Litigation Claims Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends General Journal a. Provide the journal entry for the estimated expense on September 30. Refer to the Chart of Accounts for exact wording of account titles. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 b. Provide the journal entry for the October 15 warranty work. Refer to the Chart of Accounts for exact wording of account bites. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 2 3