The following transactions of Brooks Garrott occurred during 2024 (Click the icon to view the transactions) Requirements 1. Journalize required transactions, if any, in Gartes general journal. Explanations are not required. 2. What is the balance in Estimated Warranty Payable assuming a beginning balance of so? Dec 31 Warranty Expense 19,200 Estimated Warranty Payable 19,200 Requirement 2. What is the balance in Estimated Warranty Payable assuming a beginning balance of 50? Use the T-account to determine the ending balance for the Estimated Warranty Payable account. Use a "Bal" posting reference to show the ending balance of the account Estimated Warranty Payable The following transactions of Brooks Garrett occurred during 2024 Click the icon to view the transactions) Requirements Journalize required transactions, if any, in Garret's general journal Explanations are not required What is the balance in Estimated Warranty Payable assuming a beginning balance of $0? 1. 2. *** Apr 30 Gartet is party to a patent infringement lawsuit of $240,000. Garret's attorney is certain it is remote that Garret will lose this lawsuit Date Accounts Debit Credit Apr 30 No entry required Jun 30 Estimated warranty expense at 4% of sales of $400,000 Date Accounts Jun 30 Warranty Expense Estimated Warranty Payable Debit Credit 16,000 16,000 The following transactions of Brooks Garrett occurred dating 2024 Click the icon to view the transactions) Requirements 1. Journalize required transactions, any, InGarret's general journal Explanations are not required ? What is the balance in Estimated Warranty Payable assuming a beginning balance of 507 Ja 28 Warranty claims paid in the amount of $5,000 Date Accounts Debut Credit Jul 28 Estimated Warranty Payable 6.000 Cash 6,000 Sep 30 Garret is party to a lawsuit for copyright violation of $90,000 Garret's attorney advies that it is probable Garret wit for this lawsuit. The attorney estimates the loss at 390.000 Date Accounts Debit Credit Sep 30 Estimated Lose from Law 90,000 Estimated Lawsuit Payable 90.000 The following transactions of Brooks Garrett occurred during 2024 Click the icon to view the transactions) Requirements 1. 2 Journalize required transactions, if any, In Gartels general journal Explanations are not required What is the balance in Estimated Warranty Payable assuming a beginning balance of $0? Dec 31 Garret estimated warranty expense on sales for the second half of the year of 5.480,000 at 4% Date Accounts Debit Credit Dec 31 Warranty Expense 19 200 Estimated Warranty Payable 19,200 Requirement 2. What is the balance in Estimated Warranty Payable assuming a beginning balance of 50? Use the account to determine the ending balance for the Estimated Warranty Payable account Use a "Bal" posting reference to show the ending balance of the account Estimated Warranty Payable