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i Requirements 1. Journalize Made from Clay's warranty expense and warranty payments during 2018. Explanations are not required. 2. What balance of Estimated Warranty Payable
i Requirements 1. Journalize Made from Clay's warranty expense and warranty payments during 2018. Explanations are not required. 2. What balance of Estimated Warranty Payable will Made from Clay report on its balance sheet at December 31, 2018? Print Done i Data Table Estimated Warranty Payable 3,000 Beg. Bal. Print Done HW Score! U%, U of E11-21 (similar to) Question Help The accounting records of Made from Clay Ceramics included the following at January 1, 2018: (Click the icon to view the data.) In the past, Made from Clay's warranty expense has been 6% of sales. During 2018, Made from Clay made sales of $122,000 and paid $8,500 to satisfy warranty claims Read the requirements Requirement 1. Journalize Made from Clay's warranty expense and warranty payments during 2018. Explanations are not required. (Record debits first, then credits Exclude explanations from journal entries.) Journalize the warranty expense. Date Accounts Debit Credit
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