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The accounting records of Claytown Ceramics inchuded the following at January 1,2024 : FH (click the icon to view the dita.) In the past, Claytown's

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The accounting records of Claytown Ceramics inchuded the following at January 1,2024 : FH (click the icon to view the dita.) In the past, Claytown's warranty expense has been 9% of sales. During 2004, Claytown made sales of $167,000 and pad $6,500 so satisty warranty claims Read the requirements Requirement 1. Journalize Claylown's wartanty expense and wartanty payments duning 2024. Explanations are not tequired. (Record debits firt, then credins. Exclude ixplanations fron foumal entries.) Journalize the wartanty expense. Data table Requirements 1. Journalize Claytown's warranty expense and warranty payments during 2024 Explanations are not required. 2. What balance of Estimated Waranty Payable will Claytown report on its balance sheet at December 31, 2024

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