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Hi there, I need help with this question asap please. Also please make sure answers are labeled clearly and the answers are correct thanks On

Hi there, I need help with this question asap please. Also please make sure answers are labeled clearly and the answers are correct thanks

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On lanuary 1, 2020, Pharoah Ltd, sold on account 1,300 units of its product for a total price of $537.000 and a cost of 5467,000 . The products have a one-year assurance-type warranty and Pharoah estimates that the cost will be $22,400. By the company s vear-end December 31,2020 , actual warranty costs related to the products sold was $18.600, paid in cash. Prepare all appropriate journal entries including the sale of merchandise. (Credit occount titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts) Date January 1/20 Account Titles and Explanation Debit Credit Janchan 1/20 (To record the sale) (To record the cost of goods sold) (To record warranty costs)

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