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Scout Company sold $15.000 of merchandise in September with a three-month warranty. The cost to repair defects under warranty is estimated at 5% of the

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Scout Company sold $15.000 of merchandise in September with a three-month warranty. The cost to repair defects under warranty is estimated at 5% of the sales price. The journal entry to record the estimated warranty expense for the month of September will include a O a. debit to Product Warranty Expense for $750 O b. credit to Product Warranty Expense for $750. O c. debit to Product Warranty Payable for $7,500. O d. credit to Product Warranty Payable for $7.500

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