Superior Skateboard Company, located in Ontario, is preparing adjusting entries at December $31,2023.$ An analysis reveals the following:

During December, Superior sold $6,900$ skateboards that carry a $60-$day warranty. The skateboard sales totalled $$394,000.$ The company expects $5\%$ of the skateboards will need repair under warranty and it estimates that the average repair cost per unit will be $$42.$

A disgruntled employee is suing the company. Legal advisers believe that it is probable that Superior will have to pay damages, the amount of which cannot be reasonably estimated.

Superior needs to record previously unrecorded cash sales of $$2,140,000($cost of sales $60\%)$ plus applicable HST$.$

Superior recognizes that $$99,000$ of $$164,000$ received in advance for skateboards has now been earned.

Required:

Prepare any required adjusting entries at December $31,2023,$ for each of the above. $($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$