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Required information [The following information applies to the questions displayed below] Hitzu Company sold a copler (that costs $4,800 ) for $6,000 cast with a

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Required information [The following information applies to the questions displayed below] Hitzu Company sold a copler (that costs $4,800 ) for $6,000 cast with a two vear parts warranty to a customer on August 16 of Year 1 Hitzu expects warranty costs to be 4% of dollar sales it records warranty expense with an adjusting entry on cosi $209 for matertals taken from the parts ifventory. These ure the orily repais required in reat 2 for this copher. - alyze each of the foliowing transactions: (a) the copier's sale; (b) the adjustnent to recognize the wartanty expense on December 31 -entify the arrounts and amoutits fineltiding + or -1 for each ote: Enter all amounts os positive value

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