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wwwwww Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $13,000 of accrued vacation benefits for the

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wwwwww Employees earn vacation pay at a rate of one day per month. Maxum estimated and must expense $13,000 of accrued vacation benefits for the year. Record the related adjusting entry. nces Note: Enter debits before credits. Transaction General Journal Debit / Credit During December, Maxum Company sold 12,000 units of a product that carries a 60-day warranty. December sales for this product total $460,000. The company expects 10% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $15. Record the related adjusting Note: Enter debits before credits. Transaction General Journal Debit Credit

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