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please only show how to do the journal entries and there amounts On November 10, 2020, Singh Electronics began to buy and resell scanners for

please only show how to do the journal entries and there amounts
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On November 10, 2020, Singh Electronics began to buy and resell scanners for $44 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 $24. Singh estimates warranty costs based on 15% of the number of units sold. The following transactions occurred in 2020 and 2021 (ignore GST and PST): Nov. Dec. 2020 15 Sold 3,000 scanners for $132,000 cash. 30 Recognized warranty expense for November with an adjusting entry. 8 Replaced 250 scanners that were returned under the warranty. 15 Sold 6,400 scanners. 29 Replaced 60 scanners that were returned under the warranty. 31 Recognized warranty expense for December with an adjusting entry. 2021 14 Sold 320 scanners. 20 Replaced 82 scanners that were returned under the warranty. 31 Recognized warranty expense for January with an adjusting entry. Jan. 5 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.) 20 points View transaction list View journal entry worksheet Debit Credit eBook 132,000 132.000 Print Record the sale of scanners to customers. Record the cost of the November 15 sale. Record the scanner warranty expense and liability at 15% of the units sold. Record the cost of scanner warranty replacements, Record the sale of scanners to customers. Record the cost of the December 15 sale. Record the cost of scanners warranty replacements. Note : - Journal entry has been entered 6 December 15, 2020 Cost of goods sold Merchandise viventory 7 December 29. 2020 Estimated warranty liability Merchandien 07 5 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.) 20 points View transaction list View journal entry worksheet Debit Credit 132,000 eBook 132,000 Print Record the cost of the December 15 sale. Record the cost of scanners warranty replacements. Record the scanner warranty expense and ability at 15% of the units sold, Record the sale of scanners to customers Record the cost of the January 14 sale. Record the cost of scanner warranty replacements. Record the scanner warranty expense and liability at 15% of the units sold Note: - Journal entry has been entered 6 December 15 2020 Cost of goods sold Merchandise inventory 7 December 29 2020 Estimated warranty liability Merchandise in

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