Wally's Party Warehouse provides wholesale party equipment and materials to Party Shops. In 2019, Wally s paity sU warranty liability at the beginning of the year was $26,000. Claims of $19,000 were actually incurred Required What was the balance in the Warranty Liability account at the end of the year? 30 0uE ar warranty for defects. wally estimates that repar costs will average 2% of the total selling pnce. The estimated during the year to honor warranties Wally's Party Warehouse provides wholesale party equipment and materials to Party Shops. In 2019, Wally s paity sU warranty liability at the beginning of the year was $26,000. Claims of $19,000 were actually incurred Required What was the balance in the Warranty Liability account at the end of the year? 30 0uE ar warranty for defects. wally estimates that repar costs will average 2% of the total selling pnce. The estimated during the year to honor warranties