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Monthly sales are $500.000. Warranty costs are estimated at 3% of monthly sales, Warranties are honored with replacement products. No detective products are returned during

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Monthly sales are $500.000. Warranty costs are estimated at 3% of monthly sales, Warranties are honored with replacement products. No detective products are returned during the month At the end of the month, the company should record a journal entry with a credit to OA Warranty Expense for $15,000 OB Sales for $15,000 OC. Estimated Warranty Payable for $15.000 OD Inventory for $15.000 Which of the following costs for a delivery vehicle should NOT be capitalized? O A. repair dented fender O B. repair air conditioning system OC. service air conditioning system OD. all of the above A business purchased office supplies of $29,000 on account. The business would: O A. debit Accounts Payable for $29,000 and credit Supplies for $29.000, O B. debit Accounts Receivable for $29,000 and credit Supplies for $29,000 OC. debit Supplies for $29,000 and credit Cash for $29,000 OD. debit Supplies for $29,000 and credit Accounts Payable for $29,000

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