Check my work 8 Required: 1. Does this situation represent a loss contingency? 2. Prepare journal entries that summarize sales of the awnings (assume all credit sales) and any aspects of the warranty that should be recorded during 2021 3. What amount should cupola report as a Hability at December 31, 2021? nt Complete this question by entering your answers in the tabs below. Required 1 Required2 Required conce Does this situation represent a loss contingency Loss contingency Required 2 > Journal entry worksheet 2 3 Record the 2021 sales. Note: Enter debitis before credits Event General Journal Debit Grudit Check my wo View transaction list Journal entry worksheet 1 3 > OOK Record the accrued liability and expense. ences Notes Enter debits before credits General Journal Debit Event 2 Credit 8 Check my w View transaction list Journal entry worksheet 166 points 1 2 > ebook Record the actual expenditures. Him Note: Enter Bebits before credits General doural De Credit Event 3 Help Save & Exit Sube 8 Check my work . 1. Does this situation represent a loss contingency? 2. Prepare journal entres that summarize sales of the awnings (assume all credit sales) and any aspects of the warranty that should be recorded during 2021 3. What amount should Cupola report as a liability at December 31, 20212 Complete this question by entering your answers in the tabs below. Bone Required 1 Required 2 Required 3 What amount should Cupola report as ability at December 31, 2021 Liability