Listedl below are a few transactions and events of Maxum Company. 1. Employees earn vacation pay at rate of one day per month During December, 21 employees quolify for one vacation dyeoch Their average daily wage is S170 per employee. 2. During December, Maxum Company sold 3,500 units of a product that carries a 60-day warranty. December sales for this product total S133000. The company expects 8% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $12. Prepare any necessary adjusting entries at December 31, 2017, for Maxum Company's year-end financial statements for each of the above separate transaciions and events. Vigw transaction list Journal entry worksheet Journal entry worksheet During Dbecemoe a 60-day warranty, December sales for this product total $133,000. The company expects 8% of the units to need warranty repairs, and it estimates tha avarage repair cost par unit will ba $12. Racord tha ralatad adjusting entry Company soia ,sou units or a proauct that cames Employess eam vacation pay at a ratc of one day per month. During Dacember, 21 employeas qualify for one vacation day each. Thair avarage daily wage is $170 per employee, Record the related adjusting entry Note: tnter debits before tredts. Credit Cleear entry Recurd entuy View general journal Record entry Clear entry Wew gemeral journal