Listed below are a few transactions and events of Maxum Company 1. Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $4,410 of accrued vacation benefits for the year. 2. During December, Maxum Company sold 3,300 units of a product that carries a 60 -day warranty. December sales for this product total $136,000. The company expects 6% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $15 Prepare adjusting entries at December 31 for Maxum Company's year-end financial statements for each of the above separate transactions. Journal entry worksheet Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $4,410 of accrued vacation benefits for the year. Record the related adjusting entry. Note: Enter debits before credis. Listed below are a few transactions and events of Maxum Company 1. Employees eam vacation pay at a rate of one day per month. Maxum estirnated and must expense $4,410 of acerued vacation benefits for the year. 2. During December, Maxum Company sold 3,300 units of a product that carries a 60 -day wanranty Decernber sales for this product total $136,000. The company expects 6% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $15 Prepare adjusting entries at December 31 for Maxum Company's year-end financial statements for each of the above separate transactions Journal entry worksheet During December, Maxum Company sold 3,300 units of a product that carries a 60-day warranty. December sales for this product total $136,000. The company expects 6% of the uniti to need warranty repairs, and it estimates the average repair cost per unit will be \$15. Record the related adjusting Notei Enter debits befare credits