please show all of your work neatley

1. Determine the amount of vacation expense for one month. 2. Journalize the entry to accrue the vacation expense for the month. S-F:11-11 Accounting for warranty expense and warranty payable Trail Runner guarantees its snowmobiles for three years. Company experience indicates that warranty costs will be approximately 5% of sales. Assume that the Trail Runner dealer in Colorado Springs made sales totaling $600,000 during 2024. The company received cash for 20% of the sales and notes receivable for the remainder. Warranty payments totaled $10,000 during 2024. Requirements 1. Record the sales, warranty expense, and warranty payments for the company. Ignore cost of goods sold. 2. Assume the Estimated Warranty Payable is $0 on January 1, 2024. Post the 2024 transactions to the Estimated Warranty Payable T-account. At the end of 2024, how much in Estimated Warranty Payable does the company owe? 11-12 Accounting treatment for contingencies Freeman Motors, a motorcycle manufacturer, had the following contingencies. but not likely that it will