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 $5,980 of accrued vacation benefits for the year 2. During December, Maxum Company sold 3,600 units of a product that carries a 60-day warranty, December sales for this product total $137,000. The company expects 7% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $10. Prepare adjusting entries at December 31 for Maxum Company's year-end financial statements for each of the above separate transactions View transaction list Journal entry worksheet