Oriole, Inc., sells its products with a two-year warranty. The estimated product warranty is 2% of sales. Assume that Oriole had sales of $322,000 during May this year. On June 8, a customer received warranty repairs requiring $86 of parts and $90 of labor. Required: 1. Record the adjusting entry to accrue warranty expense on May 31. 2. Record the journal entry for the warranty work provided in June. Account Title Debit Credit