Instructions Quantas industries sold $280,000 of consumer electronics during January under a one year warranty. The cost to repair defects under the warranty is estimated at 5 June 20, a customer was given $143 cash under terms of the warranty of the sales price Journalize the entry to record (a) the estimated warranty expense on January 31 for January sales on page 10 of the journal and (b) the June 20 warranty work on page 14 of the journal Refer to the Chart of Accounts for exact wording of account titles. General Ledger ASSETS REVENUE 110 Cash 410 Sales 610 Interest Revenue 111 Accounts Receivable 112 Interest Receivable 113 Notes Receivable 115 Inventory 116 Supplies 118 Prepaid Insurance 120 Land EXPENSES 510 Cost of Goods Sold 520 Wages Expense 524 Depreciation Expense-Building 525 Delivery Expense 526 Repairs Expense 529 Selling Expenses 531 Rent Expense 532 Depreciation Expense-Office Equipment 123 Building 124 Accumulated Depreciation-Building 125 Office Equipment 126 Accumulated Depreciation Office Equipment 533 Insurance Expense 534 Supplies Expense LIABILITIES 210 Accounts Payable 535 Payroll Tax Expense LIABILITIES 210 Accounts Payable 213 Interest Payable 214 Notes Payable 215 Wages Payable 216 Social Security Tax Payable 217 Medicare Tax Payable 218 Employees Federal Income Tax Payable 219 Employees State Income Tax Payable 221 Retirement Savings Deductions Payable 224 Federal Unemployment Tax Payable 225 State Unemployment Tax Payable 226 Vacation Pay Payable 227 Unfunded Pension Liability 228 Product Warranty Payable 534 Supplies Expense 535 Payroll Tax Expense 536 Vacation Pay Expense 537 Pension Expense 538 Cash Short and Over 539 Product Warranty Expense 540 Miscellaneous Expense 710 Interest Expense EQUITY 310 Common Stock EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends 313 Income Summary