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This Question: 1 pt 33 of 41 (7 complete) > This Test: 41 pts possible During the month Capiol Roofing setled 5700 in waranty claims

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This Question: 1 pt 33 of 41 (7 complete) > This Test: 41 pts possible During the month Capiol Roofing setled 5700 in waranty claims by replacing defetive roof fashing Capitol uses an estimated warranty account What would the journal entry be to record the settled claims? A. debit Estimated Warranty Payable $700 credit Inventory S700. O B. debit Warranty Expense $700 credit Cash $700 O c. debit Warranty Expense $700, credit Estimated Warranty Payable S700. 0 D. debit Estimated warranty Payable $700 credit Cash S700

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