Question 10 1 pts [Review] A company estimates that warranty expense will be 4% of sales. The company's sales for 2018 are $185,000. What is the correct journal entry to record the warranty expense and estimated warranty liability for 2018? Most of the choices are blatantly false, misleading, and inappropriate. Only one is correct.] DEBIT CREDIT 7400 Warrenty expense Estimated warranty liability 7.400 DEBIT CREDIT Estimated warranty liability 7400 Sales revenue 7.400 DEBIT CREDIT 7.400 Sales revenue Accounts receivable 7,400 DEBIT CREDIT 7,400 Sales revenue Warrenty expense 7.400