McCoy Industries completed the following transactions during 2018: (Click the icon to view the transactions.) Journalize the transactions. Explanations are not required. Round to the nearest dollar. (Record debits first, then credits Exclude explanations from journal entries.) try io Nov. 1: Made sales of $42,000. McCoy estimates that warranty expense is 6% of sales, (Record only the warranty expense.) Nov. 1 Nov. 20 Made sales of $42,000. McCoy estimates that warranty expense is 6% of sales. (Record only the warranty expense.) Paid $1,200 to satisfy warranty claims. Estimated vacation benefits expense to be $6,500. McCoy expected to pay its employees a 2 bonus on net income after deducting the bonus. Net income for the year is $36,000. Dec. 31 Dec. 31 Print Done