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The following transactions of Brooks Garrott occurred during 2024 Click the icon to view the transactions) Requirements 1. Journalize required transactions. If any, in Garret's

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The following transactions of Brooks Garrott occurred during 2024 Click the icon to view the transactions) Requirements 1. Journalize required transactions. If any, in Garret's general journal.Explanations are not required 2. What is the balance in Estimated Warranty Payable assuming a beginning balance of $0? CREDED Requirement 1. Journalve required transactions, if any, in Garret's general Journal, Explanations are not required (Record debits first, then credits Exclude explanations from Journal entries for transactions that do not require an entry, make sure to select "No entry required in the first coll in the "Accounts" columns and leave all other cells blank) Apt. 30 Garrot is party to a patent inhingement lawsuit of $240,000 Garret's attomey is certain it la remote that Garret will love this lawsuit Data Accounts Debit Credit Apr 30 et att Apr. 30 Jun. 30 Jul. 28 di Garret is party to a patent infringement lawsuit of $240,000. Garret's attorney is certain it is remote that Garret will lose this lawsuit Estimated warranty expense at 4% of sales of $400,000. Warranty claims paid in the amount of $6,000 Garret is party to a lawsuit for copyright violation of $90,000. Garret's attorney advises that it is probable Garret will lose this lawsuit. The attorney estimates the loss at $90,000 Garret estimated warranty expense on sales for the second half of the year of $480,000 at 4% Sep. 30 Dec. 31

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