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Treks4er USA a fire manutacturer, guarantees its tires against defects for five years or 60,000 milen, whichever comes frst Suppose Treksler USA can expect waranty

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Treks4er USA a fire manutacturer, guarantees its tires against defects for five years or 60,000 milen, whichever comes frst Suppose Treksler USA can expect waranty costs during the five-year perod to add up to 6% of nales. Assume that a Trokater USA dealer in Denver, Colorado, made sales of $630,000 during 2021 . Treibter USA received cash for 25% of the wales and took ooles roceivatil for fate remaindec. Payments to satisly customer warranty claimar toenled $19.500 during 20021 Read the 1. Record the salet, warranty expense, and warranty payments for Trekster USA, (Record debis fint, then orodits. Exclude explanations from ary journar enties) First, lers record the sale of the ties. Now, lets accrue the warranty expense Nent, we wal rocord the payment of waranty eupenes. Read the Next, we will twcord the payment of warranty expenses. 2. Post to the Acorued Warranty Payable Taccount. The beginning balance was 516.000 . A the end of 2021 , how much in aconued wamanty peyable does Trekaler Usi owe to its cualomen?? Select the appropriafe descriptions, and enter the begining bulance and post the entres to the Aconved Warranty Payabie T.account. Civculate the halance of the liabilfy account. S. Assame guarantees its tires against defects for five years or 60,000 miles, whichever comes first. Suppose Trekstor USA can oxpect warranty costs during th remainder. Payments to satisfy customer warranty daims totaled $19,500 during, 2021 . Read the requirements. Requirements 1. Record the sales, warranty expense, and wartanty payments for Trekster USA. Ignore cost of goods sold. 2. Post to the Accrued Warranty Payable T-acoount. The beginning balance was \$16.000. At the end of 2021, how much in accrued warranty payable does Trekster USA owe to its customers

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