McDermitt Industries completed the following transactions during 2018

Journalize the transactions. Explanations are not required. Round to the nearest dollar. (Record debits first, then credits. Exclude explanations from journal entries.)

1: Made sales of $ 42 comma 000$42,000. McDermitt estimates that warranty expense is 3 % of sales. (Record only the warranty expense.)

i More Info 1 Made sales of $42,000. McDermitt estimates that warranty expense is 3% of sales. (Record only the warranty expense.) Nov. 20 Paid $800 to satisfy warranty claims 31 Estimated vacation benefits expense to be $2,000 Dec. 31 McDermitt expected to pay its employees a 4% bonus on net income after deducting the bonus. Net income for the year is $50,000 Print Done X E11-22 (similar to) Question lelp McDermitt Industries completed the folowing transactions during 2018: Cick ion to view the transacions) Joumalize the transactions Eaplanationa are not regired Round to the nearest dellar Record debis frst, then credis Exclude eplanslians from joumal enties Nov 1 Mada sales of 547,000 MNermitt estimates that warranty expensa is 3% of sales Racord only the warranty expanse7 Accounts Debit Credit Datc ... Nov Choose from any Ist or enter anv number In the Inout flelds and then click Check