Estimated warranty liability Chart of Accounts Journal ructions Chloe Co. sold $300,000 of equipment during January under a June 20, a customer required a $90 part replacement, plus $42 of labor under the warranty. one-year warranty The cost to repair defects under the warranty is estimated at 5% sampoa On Provide the jounal entry for (a) the estimated warranty expense on January 31 for January sales on page 10 of the journal and (b) the June 20 warranty work on page 14 of the journal. Refer to the Chart of Accounts for exact wording of account titles