On November 10, 2020, Singh Electronics began to buy and resell scanners for $53 each. Singh uses the perpetual system to account for inventories. The scanners are covered under a warranty that requires the company to replace any non-working scanner within 90 days. When a scanner is returned, the company simply throws it away and mails a new one from inventory to the customer. The company's cost for a new scanner is only $33. Singh estimates warranty costs based on 16% of the number of units sold. The following transactions occurred in 2020 and 2021 (ignore GST and PST): Nov. Dec. Jan. 2020 15 Sold 4,000 scanners for $212,000 cash. 30 Recognized warranty expense for November with an adjusting entry. 8 Replaced 140 scanners that were returned under the warranty. 15 Sold 7,500 scanners. 29 Replaced 38 scanners that were returned under the warranty. 31 Recognized warranty expense for December with an adjusting entry. 2021 14 Sold 375 scanners. 20 Replaced 50 scanners that were returned under the warranty. 31 Recognized warranty expense for January with an adjusting entry. 5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes). (Round intermediate calculations and final answer to the nearest whole number.) View transaction list Journal entry worksheet < 1 2 3 45678 12 > Record the cost of the November 15 sale. Note: Enter debits before credits. Date General Journal Debit Credit November 15, 2020 Cost of goods sold Merchandise inventory View general journal Record entry Clear entry 5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes). (Round intermediate calculations and final answer to the nearest whole number.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 12 > Record the scanner warranty expense and liability at 16% of the units sold. Note: Enter debits before credits. Date November 30, 2020 General Journal Debit Credit Record entry Clear entry View general journal 5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes). (Round intermediate calculations and final answer to the nearest whole number.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 12 Record the cost of scanner warranty replacements. Note: Enter debits before credits. Date December 08, 2020 General Journal Debit Credit Record entry Clear entry View general journal 5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes). (Round intermediate calculations and final answer to the nearest whole number.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 12 Record the sale of scanners to customers. Note: Enter debits before credits. Date December 15, 2020 General Journal Debit Credit Record entry Clear entry View general journal 5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes). (Round intermediate calculations and final answer to the nearest whole number.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 ..... 12 Record the cost of the December 15 sale. Note: Enter debits before credits. Date December 15, 2020 General Journal Debit Credit Record entry Clear entry View general journal 5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes). (Round intermediate calculations and final answer to the nearest whole number.) View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 12 > Record the cost of scanners warranty replacements. Note: Enter debits before credits. Date December 29, 2020 General Journal Debit Credit Record entry Clear entry View general journal 5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes). (Round intermediate calculations and final answer to the nearest whole number.) View transaction list Journal entry worksheet < 1 2 34567 8 12 > Record the scanner warranty expense and liability at 16% of the units sold. Note: Enter debits before credits. Date December 31, 2020 General Journal Debit Credit Record entry Clear entry View general journal 5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes). (Round intermediate calculations and final answer to the nearest whole number.) View transaction list Journal entry worksheet < 1 45678 9 12 > Record the sale of scanners to customers. Note: Enter debits before credits. Date January 14, 2021 General Journal Debit Credit Record entry Clear entry View general journal 5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes). (Round intermediate calculations and final answer to the nearest whole number.) View transaction list Journal entry worksheet < 1 5 6 789 10 12 > Record the cost of the January 14 sale. Note: Enter debits before credits. Date January 14, 2021 General Journal Debit Credit Record entry Clear entry View general journal 5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes). (Round intermediate calculations and final answer to the nearest whole number.) View transaction list Journal entry worksheet < 1 .... 5 6 7 8 9 10 11 12 > Record the cost of scanner warranty replacements. Note: Enter debits before credits. Date January 20, 2021 General Journal Debit Credit Record entry Clear entry View general journal 5. Prepare journal entries to record ALL transactions and year-end adjustments (ignore sales taxes). (Round intermediate calculations and final answer to the nearest whole number.) View transaction list Journal entry worksheet 1 567 8 9 10 11 12 Record the scanner warranty expense and liability at 16% of the units sold. Note: Enter debits before credits. Date January 31, 2021 General Journal Debit Credit Record entry Clear entry View general journal