inment/4664310050/assessment Return to page Question 5 (1 point) Esplanade Outdoor Co. estimates that warranty expense will be 5% of sales. The current period's sales were $1,740,000. The entry to record the warranty expense is a. Warranty Expense 87,000 Sales 87,000 b. Warranty Expense 87.000 Estimated Warranty Liability 87.000 c. Estimated Warranty Liability 87.000 Cash 87,000 d. Estimated Warranty Liability 87.000 Warranty Expense 87,000 Return to page 6 Question 6 (1 point) Property, plant and equipment are a. Intangible assets used in the operations of a business having a useful life of more than one accounting period b. Tangible assets used in the operation of a business having a useful life of more than one accounting period c. Tangible assets used in the operation of business having a useful life of less than one accounting period d. Current assets Question 7 point Which of the following entries would be made to write off an uncollectible account receivable in the direct were Dr Sale It Accounts recevabile Of