Goath USA, a time manufacturer, guarantees its tires against defects for Eve years or 60,000 miles, whichever comes first Suppose Golladh USA can expect warranty costs during the five-year period to add up to 7% of sales. Assume that a Gollath USA dealer in Denver, Colorado, made sales of $640.000 during 2018. Goliath USA received cash for 15% of the sales and took notes receivable for the remainder Payments to satisfy customer warranty claims totaled $19.000 during 2018 Read the equinements 1. Recond wamanty expense, and warranty payments for Goliath USA (Racord debts first, then crdts Exclude explanations hom any jumal entries) Final int's sccnue the warranty xpense Journal Entry Accounts Debit Credit Next, we will record the payment of warranty expenses Journal Entry Accounts Debit Credit 2. Post the Aconad Warranty Payatle Taccount. The beginning balance was $12,000 At the end of 2018, how much in accrued warranty payable does Goleh USA oto x customers? Calculate the balance of the Sability account