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More info Apr. 30 Jun. 30 Jul. 28 Garret is party to a patent infringement lawsuit of $220,000. Garret's attorney is certain it is remote that Garret will lose this lawsuit. Estimated warranty expense at 4% of sales of $380,000. Warranty claims paid in the amount of $6,100. Garret is party to a lawsuit for copyright violation of $100,000. Garret's attorney advises that it is probable Garret will lose this lawsuit. The attorney estimates the loss at $100,000 Garret estimated warranty expense on sales for the second half of the year of $550,000 at 4% Sep. 30 Dec. 31 Print Done The following transactions of Brooks Garrott occurred during 2024 Click the loon to view the transactions) Requirements 1. Joumite required transactions, any, in Garrets general journal.Explanations are not required 2. What is the balance in Estimated Warranty Payable astuming a beginning balance of SO? Requirement 1. Joumiered or any in Carrets garumal Explanations are not required. Record biste credits. Existem Formations that are wure to story in the first coin the Account colors and leave the bank) Apr 30: Gratis patto a palerdingement out of 5220.000 Garra's way is certainemets that are will the wat Requirement 1. Journalize required transactions, if any, in Garret's general journal. Explanations are not required. (Record debits first , ther make sure to select "No entry required" in the first coll in the "Accounts" column and leave all other cells blank.) Apr. 30: Garret is party to a patent infringement lawsuit of $220,000. Garret's attorney is certain it is remote that Garret will lose this lawsuit Accounts Debit Credit Date Apr. 30 Jun. 30: Estimated warranty expense at 4% of sales of $380,000, Date Accounts Debit Credit Jun. 30 Jul. 28: Warranty claims paid in the amount of $6,100. Date Accounts Debit Credit Jul. 28 Sep 30: Garret in party to a lowout for copyright violation of $100,000. Garret's attorney advices that it is probable Garret will lose this lawsuit. The attorney estimates the loss at $100,000 Date Accounts Debit Credit Sep 30 Dec. 31: Garretonied warranty expense on sale for the second half of the year of 5550,000 at 4% Date Accounts Debit Credit Dec. 31 Requirement 2. What is the balance in Estimated Warranty Payable mtuming a beginning balance of 507 Uw the Taccount to determine the ending balance for Estimated Warranty Payable account. Uw "Ba. ponteng reference to wonding balance of the account Estimated Warranty Payable