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Estimated warranty liability Yummy sold $672,000 of consumer electronics during July under a one-year warranty. The cost to repair defects under the warranty is estimated

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Estimated warranty liability Yummy sold $672,000 of consumer electronics during July under a one-year warranty. The cost to repair defects under the warranty is estimated at 4,5% of the sales price. On November 11 , a customer was given $193 cash under terms of the warranty. a. Provide the journat entry for the estimated warranty expense on July 31 for July sales. If an amount box does not require an entry, leave it blank

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