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need answers asap, got one answers before and it was full wrong the question is different and answers are different so please help to find

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need answers asap, got one answers before and it was full wrong the question is different and answers are different so please help to find right thankyou

Consumer Corp. sells dishwashers and washing machines that come with a two-year unlimited warranty on parts and labour for repairs. The warranty is intended to assure customers that the appliances will operate as advertised. The warranty is expected to cost 2% of sales in the first year and 4% of sales in the second year, for a total of 6%. The provision for warranty has a credit balance of $162,000 at the beginning of 20X5. The following events and decisions relate to the warranty: 2exs Sales revenue of $4,800,000 was generated from products covered by the warranty. Both the sale and the warranty provision must be recorded. 2exs Warranty work consumed parts inventory with a cost of $8,600, and labour of $36,000. 20x6 Sales revenue from products covered by the warranty were $6,800,000. Both the sale and the warranty provision must be recorded. 2ex6 Sales revenue of $6,800,000 was generated from products covered by the warranty. Warranty work consumed parts inventory with a cost of $136,000, and labour of $296,000 20x6 Year-end review indicated that the percentage used as an estimate for warranty work in 20x5 and 20x6 should have been a total of 8% of sales, rather than 6%. 20x6 Because of a specific prevalent defect to a seal discovered during repairs in 20X6, the company announced that it would cover repairs for this specific defect for a third year for all sales of product made in 2005 and 20x6. The cost of this work was estimated to be 1% of sales. This is in excess of the percentage increase described above. Products were re-engineered to eliminate the defect starting in 20x7. 1. Prepare journal entries for the events listed above. Because of uncertainty of estimates, no discounting is to be applie sales are in cash. (If no entry is required for a transaction/event, select "No journal entry required" in the first account View transaction list Journal entry worksheet 1 2 3 5 6 7 8 > Record the material and labor cost on warranty work. Note: Enter debits before credits. Transaction 20X5 Debit Credit General Journal Provision for warranty Inventory Salary payable 31,000 9,000 22,000 2. Calculate the balance of the provision for warranty at 31 December 2005 and 20X6. Balance of the provision for warranty 20X5 20X6 $ 421,000$ 970,000

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