Logan Manufacturing Co. warrants its products for one year. The estimated product warranty is 5% of sales. Assume that sales were $270,000 for January. In February, a customer received warranty repairs requiring $330 of parts and $100 of labor.

a. Journalize the adjusting entry required at January 31, the end of the first month of the current fiscal year, to record the accrued product warranty. If an amount box does not require an entry, leave it blank.

	CashProduct Warranty ExpenseProduct Warranty PayableSuppliesWages Payable	- Select -	- Select -
	CashProduct Warranty ExpenseProduct Warranty PayableSuppliesWages Payable	- Select -	- Select -

b. Journalize the entry to record the warranty work provided in February. If an amount box does not require an entry, leave it blank.

	CashProduct Warranty ExpenseProduct Warranty PayableSuppliesWages Payable	- Select -	- Select -
	Accounts PayableAccounts ReceivableProduct Warranty ExpenseProduct Warranty PayableSupplies	- Select -	- Select -
	Accounts ReceivableCashProduct Warranty ExpenseProduct Warranty PayableWages Payable	- Select -	- Select -