Score: 0 of 25 pts 1 of 1 (0 complete) HW Score: 0%, 0 of 25 pts P11-28A (open response) Question Help O The following transactions of Acer Downy occurred during 2018: A (Click the icon to view the transactions.) Requirements 1. Journalize required transactions, if any, in Downy's general journal. Explanations are not required. 2. What is the balance in Estimated Warranty Payable assuring a beginning balance of SO? Requirement 1. Journalize required transactions, if any, in Downy's general journal. Explanalions are not required. (Record debils first, then credits. Exclude explanations from journal entries. For transactions that do not require an entry, make sure to enter "No entry required in the first cell in the "Accounts' column and leave all other cells blank. Check your spelling carefully and do not abbreviate.) Apr. 30: Downy is party to a patent infringement lawsuit of $150,000. Downy's attorney is certain it is remote that Downy will lose this lawsuit. Date Accounts Debit Credit i More Info Apr. 30 Apr. 30 Jun 30 Jul. 28 Sep. 30 Downy is party to a patent infringement lawsuit of $150,000. Downy's attorney is certain it is remote that Downy will lose this lawsuit. Estimated warranty expense at 2% of sales of $420,000. Warranty claims paid in the amount of $5,800. Downy is party to a lawsuit for copyright violation of $120,000. Downy's attorney advises that it is probable Downy will lose this lawsuit. The attorney estimates the loss at $120,000 Downy estimated warranty expense on sales for the second half of the year of $490,000 at 2% Dec. 31 Print Done Enter any number in the edit fields and then click Check