MCo sells $100,000 worth of machine in JAN. MCo anticipates 5% warranty claims for these machines, which of these statement is NOT true regarding the warranty? The journal entry includes a debit to WARRANTY EXPENSE in the amount of $ 5,000. - O The journal entry includes a credit to WARRANTY PAYABLE in the amount of $ 5,000 The journal entry includes a credit to ESTIMATED WARRANTY PAYABLE in the amount of $ 5,000. MCorp issued 10,000 shares of $10 par stock at $17 per share Which of these statement is NOT true? The journal entry to record issuing the stock will include a debit to CASH in the amount of $170,000 The journal entry to record issuing the stock will include a debit to CASH in the amount of $100,000. The journal entry to record issuing the stock will include a credit to COMMON STOCK in the amount of $100.00d. O The journal entry to record issuing the stock will include a credit to PAID IN CAPITAL IN EXCESS OF PAR in the amount of $70,000