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The accounting records of Sculpted Ceramics included the following at January 1, 2018 EE(Click the icon to view the data ) In the past, Sculpted's

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The accounting records of Sculpted Ceramics included the following at January 1, 2018 EE(Click the icon to view the data ) In the past, Sculpted's warranty expense has been 9 % of sales. During 2018, Sculpted made sales of $113,000 and paid $7,000 to satisfy warranty claims. Read the tequirements Requirement 1. Journalize Sculpted's warranty expense and warranty payments during 2018. Explanations are not required. (Record debits first then credits. Exclude explanations from journal entries.) Jounalize the warranty expense. Date Accounts Debit Credit Warranty Expense 10170 Estimated Warranty Payable 10170 85 20 Warranty Expense Journalize the warranty payments Choose from any list or enter any number in the input fields and then continue to the next question. ? Save for Later The accounting records of Sculpted Ceramics included the following at January 1, 2018: EE(Click the icon to view the data.) In the past, Sculpted's warranty expense has been 9% of sales. During 2018, Sculpted made sales of $113,000 and paid claims Read the requirements Warranty Expense Journalize the warranty payments. Date Accounts Debit Credit Requirement 2. What balance of Estimated Warranty Payable will Sculpted report on its balance sheet at December 31, 2018 Use the T-account to determine the ending balance for the Estimated Warranty Payable account Use an "End. Bal." posting re nd alnnee ef thn anc nt The hoainninn halnnen /DAn Dal hae hnes entored for uO Choose from any list or enter any number in the input fields and then continue to the next arC The accounting records of Sculpted Ceramics included the following at January 1, 2018 (Click the icon to view the data) In the past, Sculpted's warranty expense has been 9 % of sales. During 2018, Sculpted made sales of $113,000 claims Read the requirements. Requirement 2. What balance of Estimated Warranty Payable will Sculpted report on its balance sheet at Decemb Use the T-account to determine the ending balance for the Estimated Warranty Payable account. Use an "End. Bal ending balance of the account. The beginning balance (Beg Bal) has been entered for you Estimated Warranty Payable 5,000 Beg Bal. Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later

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