Industries completed the following transactions during 2024:

Journalize the transactions. Explanations are not required. Round to the nearest dollar. (Record debits first, then credits. Exclude explanations from journal entries.)

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Nov. 1 Made sales of $52,000. McNight estimates that warranty expense is 6% of sales. (Record only the warranty expense.)

Nov. 20 Paid $1,600 to satisfy warranty claims.

Dec. 31 Estimated vacation benefits expense to be $6,000.

Dec. 31 McNight expected to pay its employees a 3% bonus on net income after deducting the bonus. Net income for the year is $52,000. pop-up content ends PrintDone