please answer all parts thanks

The accounting records of Dee's Appliances included the following balances at the end of the period: In the past, Dee's warranty expense has been 9% of sales. During the current period, the business paid $8,500 to satisfy the warranty claims Read the requirements. Requirement 1. Journalize Dee's warranty expense for the period and the company's cash payments to satisfy warranty claims. Explanations are not required. Start by journalizing the warranty expense. (Record debits first, then credits. Exclude explanations from journal entries.) Requirements 1. Journalize Dee's warranty expense for the period and the company's cash payments to satisfy warranty claims. Explanations are not required. 2. Show what Dee's will report on its income statement and balance sheet for this situation at the end of the period. 3. Which data item from requirement 2 will affect the current ratio? Will Dee's current ratio increase or decrease due to this item? Now journalize the warranty payments. Begin by showing what the company would report on its income statement at the end of the period. Now show what the company would report on its balance sheet at the end of the period. Requirement 3. Which data item from requirement 2 will affect the current ratio? Will Dee's current ratio increase or decrease due to this item? Which data item from Requirement 2 will affect Dee's current ratio? Will Dee's current ratio increase or decrease as a result of an increase in this item