Journal entry worksheet rvote: enter aebits before credits. Record the estimated warranty expense at 5% of November sales. Note: Enter debits before credits. Record the replacement of 24 razors that were returned under the warranty. Note: Enter debits before credits. company's cost per new razor is $15 and its retall selling price is $60. The company expects w dollar sales. The following transactions occurred. November 11 Sold 60 razors for $3,600 cash. November 30 Recognized warranty expense related to November sales with an adjusting entry. December 9 Replaced 12 razors that were returned under the warranty. December 16 Sold 180 razors for $10,800 cash. December 29 Replaced 24 razors that were returned under the warranty. December 31 Recognized warranty expense related to December sales with an adjusting entry. January 5 Sold 120 razors for $7,200 cash. January 17 Replaced 29 razors that were returned under the warranty. January 31 Recognized warranty expense related to January sales with an adjusting entry. Problem 9-4A (Algo) Part 1 Required: 1. Prepare journal entries to record above transactions and adjustments. Journal entry worksheet 1 2 3 4 5 6 7 12 Record the estimated warranty expense at 5% of December sales. Note: Enter debits before credits. company's cost per new razor is $15 and its retail selling price is $60. The company expects w dollar sales. The following transactions occurred. November 11 Sold 60 razors for $3,609 cash. November 30 Recognized warranty expense related to November sales with an adjusting entry. December 9 Replaced 12 razors that were returned under the warranty. December 16 Sold 180 razors for $10,809 cash. December 29 Replaced 24 razors that were returned under the warranty. December 31 Recognized warranty expense related to December sales with an adjusting entry. January 5 sold 120 razors for $7,200 cash. January 17 Replaced 29 razors that were returned under the warranty. January 31 Recognized warranty expense related to January sales with an adjusting entry. Problem 9-4A (Algo) Part 1 Required: 1. Prepare journal entries to record above transactions and adjustments. Journal entry worksheet 7 7 10 11 12 Record the sales revenue of 120 razors for $7,200 cash. Note: Enter debits before credits. dollar sales. The following transactions occurred. selling price is $60. The company expects warranty costs to equ November 11 Sold 60 razors for $3,600 cash. November 30 Recognized warranty expense related to November sales with an adjusting entry. December 9 Replaced 12 razors that were returned under the warranty. December 16 Sold 180 razors for $10,800 cash. December 29 Replaced 24 razors that were returned under the warranty. December 31 Recognized warranty expense related to December sales with an adjusting entry. January 5 sold 120 razors for $7,200 cash. January 17 Replaced 29 razors that were returned under the warranty. January 31 Recognized warranty expense related to January sales with an adjusting entry. Problem 9-4A (Algo) Part 1 Required: 1. Prepare journal entries to record above transactions and adjustments. Journal entry worksheet 1 6 7 8 9 Record the replacement of 29 razors that were returned under the warranty. Note: Enter debits before credits. company's cost per new razor is $15 and its retail selling price is $60. The company expects warranty costs dollar sales, The following transactions occurred. November 11 Sold 60 razors for $3,6e cash. November 30 Recognized warranty expense related to November sales with an adjusting entry. December 9 Replaced 12 razors that were returned under the warranty. December 16 Sold 180 razors for $10,800 cash. December 29 Replaced 24 razors that were returned under the warranty. December 31 Recognized warranty expense related to December sales with an adjusting entry. Janusry 5 Sold 120 razors for $7,200 cash. January 17 Replaced 29 razors that were returned under the warranty. January 31 Recognized warranty expense related to January sales with an adfusting entry. Problem 9-4A (Algo) Part 1 Required: 1. Prepare journal entries to record above transactions and adjustments. Journal entry worksheet Record the adjusting entry for warranty expense for the month of January. Note: Enter debits before credits