The accounting records of From the Earth Ceramics included the following at January 1, 2016: Estimated Warranty Payable 5,000 Beg. Bal. In the past, From the Earth'sarranty expense has been 5% of sales. During 2016From the Earthmade sales of $191,000and paid $6,000to satisfy warranty claims. Requirements 1. Journalize From the EarthWarranty expense and warranty payments during 2016Explanations are not required. 2. What balance of Estimated Warranty Payable will From the Earthreport on its balance sheet at December 31, 2016? Requirement 1. Journalize From the Earth's warranty expense and warranty payments during 2016. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Journalize the warranty expense. Date 2016 Journalize the warranty payments. Date Accounts and Explanation 2016 Accounts and Explanation Debit Estimated Warranty Payable Debit 5,000 Beg. Bal. Credit Requirement 2. What balance of Estimated Warranty Payable will From the Earth report on its balance sheet at December 31, 2016? Credit Use the T-account to determine the ending balance for the Estimated Warranty Payable account. Use an "End. Bal." posting reference to show the ending balance of the account. The beginning balance (Beg. Bal.) has been entered for you.

The accounting records of From the Earth Ceramics included the following at danuary 1, 2016: In the past, From the Earthisarranty expense has been 5\%of sales. During 2016from the Earthmade sales of $191,000and paid $6,000 to satisfy wacranty claims. Requirements 1. Joumalize From the Earthisarranty expense and warranty payments during 2016Explanations are not tequired 2. What balance of Estimated Warranty Payable will From the Earthreport on its balance sheet at December 31, 2016? Requirement 1. Joumalize From the Earth's warranty expense and warranty payments during 2016. Explanasons are not required. (Record debits first, then credits. Exclude explanations from journal entries.) Journalize the warranty expense. Journalize the warranty payments. Requirement 2. What balance of Estimated Warranty Payable will From the Earth report on its balance sheet at December 31, 2016? Use the T-account to determine the ending balance for the Estimated Warranty Payable account. Use an "End. Bal." posting reference to show the ending balance of the account. The beginning balance (Beg. Bal.) has been entered for you