At 31 December 2015, the trial balance of Id contained the following amounts before adjustment. Debits Credits Accounts Receivable S300 000 Allowance for Doubtful Debts $ 1000 Sales 800 000 Warranty Provision 2 500 a)During the year ended 31 December 2015, warranty claims cost arLtd $5000, of which $1000 was for replacement of parts and $4000 was for labour costs. Prepare the journal entry to record the warranty claim during the year ended 31 December 2015 Management of aLtd estimated that the liability for unexpired warranty at 31 December 2015 was $3500, Prepare a journal entry to record the adjusting entry to be made for Warranty Provision account. What type of account is Allowance for Doubtful Debt? What type of account is Warranty Provision? How do you show these two accounts on the statement of financial position