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On January 1.2023. Wildhorse Ltd, sold on account 1.200 units of its product for a total price of $547,000 and a cost of $453,000 the
On January 1.2023. Wildhorse Ltd, sold on account 1.200 units of its product for a total price of $547,000 and a cost of \$453,000 the products have a one-year assurance-type warranty and Wildhorse estimates that the cost will be $26,800.By the company's year-epd December 31,2023 , actual warranty costs related to the products sold was $17.900, paid in cash. Prepare all appropriate journal entries including the sale of merchandise. (Credit occount tithes are aufomatically indimted when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter o for the amoumb. Lst obl debit entries before credit entries. Record journal entries in the order presnted in the probiem. Date Account Titles and Explanation Debit Credit (To record the sale) (To tecord the cost of guods sold)
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