The accounting records of Earth and Water Ceramics included the following at January 1, 2018: (Click the icon to view the data.) In the past, Earth and Water's warranty expense has been 3% of sales. During 2018, Earth and Water made sales of $176,000 and paid $9,000 to satisfy warranty claims. Read the requirements Requirement 1. Journalize Earth and Water's warranty expense and warranty payments during 2018. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Journalize the warranty expense Date Accounts Debit Credit i Data Table Requirements Estimated Warranty Payable 4.000 Beg. Bal 1. Joumalize Earth and Water's warranty expense and warranty payments during 2018. Explanations are not required. 2. What balance of Estimated Warranty Payable will Earth and Water report on its balance sheet at December 31, 2018? Journalize the warranty payments Date Accounts Debit Credit Print Done Print Done show the ending balance of the account. The beginning balance (Beg, Bal.) has been entered for you. Requirement 2. What balance of Estimated Warranty Payable will Earth and Water report on its balance sheet at December 31, 2018? Use the T-account determine the ending balance for the Estimated Warranty Payable account. Use an "End. Bal." posting reference Estimated Warranty Payable 4.000 Beg. Bal Accrual End. Bal. Payments Sales