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Liz Hele On September 1. Home Store sells a mower (that costs $180) for $480 cash with a one-year warranty that covers parts. Warranty expense

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Liz Hele On September 1. Home Store sells a mower (that costs $180) for $480 cash with a one-year warranty that covers parts. Warranty expense is estimated at 10% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet

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