EF11-22 (similar to) McGaffey Industries completed the following transactions during 2024: (Click the icon to view the transactions.) Journalize the transactions. Explanations are not required. Round to the nearest dollar. (Record debits first, then credits. Exclude exp On- Nov. 1: Made sales of $7,000. McGaffey estimates that warranty expense is 6% of sales. (Record only the warranty expense.) Accounts Debit Credit Date Nov. 1 Choose from any list or enter any number in the input fields and then click Check Answer. end tima Nov. 1 Nov. 20 Made sales of $7,000. McGaffey estimates that warranty expense is 6% of sales. (Record only the warranty expense.) Paid $200 to satisfy warranty claims. Estimated vacation benefits expense to be $6,500. McGaffey expected to pay its employees a 6% bonus on net income after deducting the bonus. Net income for the year is $25,000. Dec. 31 Dec. 31 rin Print Done