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Help Seve& Et During August, Boxer Compeny sels $348,000 in merchandise that has a one year weranty Experience shows that wr expenses average about 5%

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Help Seve& Et During August, Boxer Compeny sels $348,000 in merchandise that has a one year weranty Experience shows that wr expenses average about 5% ofthe setng price. The warranty liablity sccount has a creot balance of $1000 before alanem Customers returned merchandise for warranty repairs during the month that used $7600 in parts for repairs. The entty to secord the estimated warranty expense for the month is 4 uiple Choice

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