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INSAN Homework: HW #8 Saw Score: 0 of 1 pt 4 of 103 complete HW Score: 30%, 3 of 10 pts S8-6 (similar to) Question

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INSAN Homework: HW #8 Saw Score: 0 of 1 pt 4 of 103 complete HW Score: 30%, 3 of 10 pts S8-6 (similar to) Question Help 0 Tires USA a tire manufacturer guarantees is tires against defects for five years or 60.000 mies, whichever comes first Suppose Tires USA can expect warranty costs during the five year period to add up to of sales. Assume that a Tires USA dolor in Denver, Colorado, made sales of $461,000 during 2018. Tires USA received cash for 45% of the sales and took notes receivable for the remainder Payments to stay customer warranty claims totale $19.000 during 2018 Read the coucements 1. Record the sales, warranty expense, and warranty payments for Tires USA. (Record debits frit, then credits. Enclude coplanation from any ouma entries) First, let's record the sale of the tires Journal Entry Accounts Debit Credit Cash Nories Receivable Sales Revenue

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