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sparkling water inc. had a total sales of 3,000,000 for 2019. this amount includes 150,000 relating to the sales of extended service-type warranty for 2

sparkling water inc. had a total sales of 3,000,000 for 2019. this amount includes 150,000 relating to the sales of extended service-type warranty for 2 years covering the goods sold in 2019. the company spent 25,000 in 2019 to satisfy warranty claims.

prepare journal entries for the sales, service-type warranty, and warranty expenses for 2019.

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