Instructions Fosters Manufacturing Co wamants its products for one year. The estimated product waranty is 4% of sales. Assume that sales were $660.000 for January On February 7, a customer received warranty repairs requing $250 Required Jourmaline the adjusting entry required at January 31, the end of the first month of the current focal year to record the conved product Dumaline the entry to recond the waranty work provided in February ctions Chart of Accounts General Journal General Journal Scroll down to access page 2 of the journal. General Journal Instructions a Joumalize the adjusting entry required at January 31, the end of the first month of the current fiscal year, to record the accrued product warranty DATE DESCRIPTION Adjusting Entries PAGE 1 JOURNAL ACCOUNTING EQUATION POST REF DEBIT CREDIT ASSETS LIABILITIES EQUITY b. On February 7, journalize the entry to record the warranty work provided in February PAGE 2 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS LIABILITIES EQUITY $ 2 an