Question can be found below

2. Sam Punji sells video cassette recorders WCRs} with a 2year warranty. Past experience indicates that 3% of the units sold will be returned during the warranty period for repairs. The average cost of repairs under warranty is estimated to be $50 per unit. During 2002, E000 VCRs were sold at an average price of $250. During the year, repairs were made on 35 units at a cost of $3,000. Instructions Prepare journal entries to record the repairs made under warranty and estimated warranty expense for the year. {4A} Date Particulars Credit IIEm_ll