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o Gibert Linded a new compar, made sale of 22.000 unts at a cost of $64 per unit. The company offers a one year warranty

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o Gibert Linded a new compar, made sale of 22.000 unts at a cost of $64 per unit. The company offers a one year warranty that replaces any defective units with a new one. The company estimated warranty replacements at 2 percent of units sold. Gilberts actual warranty replacements were 325 units. Record warranty expense and warranty payments on December 31. How much is Gilbert's estimated warranty payable at the end of the period? Record the journal entry for the warranty expense for the year. (Record debits first, then eredits. Explanations are not required. Round amounts to the nearest whole dollar) General Journal Date Accounts Debit Credit Dec 311 Now record the uma entry for the warranty payments made during the year General Journal Accounts Debt Dec 31 Credit How much is Gilbert's estimated warranty payable at the end of the period? (Round your answer to the nearest whole dollar.) Gibert has a balance of at the end of the period. Choose from any list or enter any number in the input fields and then continue to the next

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