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Read the requirements. the journal entry table.) Begin with the entry to record the sales. (Prepare a single compound entry for this transaction.) Requirements 1.

image text in transcribed Read the requirements. the journal entry table.) Begin with the entry to record the sales. (Prepare a single compound entry for this transaction.) 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

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