P11-28A (similar to) Question Help The following transactions of Shane Bigelow occurred during 2016: i (Click the icon to view the transactions.) Requirements 1. Journalize required transactions, if any, in Bigelow's general joumal. Explanations are not required. 2. What is the balance in Estimated Warranty Payable assuming a beginning balance of $07 Requirement 1. Journalize required transactions, if any, in Bigelow's general journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from joumal entries. For transactions that do not require an entry, make sure to select "No entry required in the first cell in the "Accounts" column and leave all other cells blank.) Apr. 30: Bigelow is party to a patent infringement lawsuit of $200,000. Bigelow's attomey is certain it is remote that Bigelow will lose this lawsuit. Date Accounts and Explanation Debit Credit Apr. 30 i More Info Apr. 30 Jun 30 Jul. 28 Sep. 30 Bigelow is party to a patent infringement lawsuit of $200,000. Bigelow's attomey is certain it is remote that Bigelow will lose this lawsuit Estimated warranty expense at 2% of sales of $360,000. Warranty claimris paid in the amount of $5,900. Bigelow is party to a lawsuit for copyright violation of $130,000. Bigelow's attomey advises that it is probable Bigelow will lose this lawsuit. The attomey estimates the loss at S130,000. Bigelow estimates Warranty expense on sales for the second half of the year of $520,000 at 2%. Dec. 31 Print Done Choose from any list or enter any number in the input fields and then click Check Answer. 5 pertaining Clear All Check