Quantas Industries sold $325,000 of consumer electronics during July under a nine-month warranty. The cost to repair defects under the warranty is estimated at 4.5% of the sales price. On November 11, a customer was given $220 cash under terms of the warranty.

(a) Provide the journal entry for the estimated warranty expense on July 31 for July sales. If an amount box does not require an entry, leave it blank.

July 31		fill in the blank 6aea8805601d01b_2	fill in the blank 6aea8805601d01b_3
		fill in the blank 6aea8805601d01b_5	fill in the blank 6aea8805601d01b_6

(b) Provide the journal entry for the November 11 cash payment. If an amount box does not require an entry, leave it blank.

Nov. 11		fill in the blank 21b19f0b800d03c_2	fill in the blank 21b19f0b800d03c_3
		fill in the blank 21b19f0b800d03c_5	fill in the blank 21b19f0b800d03c_6