Part (b) onlyHomework Answers
| b | ||||
| Debit | Credit | |||
| Dec 31,2019 | Warranty expense | 816000 | =340000*4%*60 | |
| Estimated Warranty Liability | 816000 | |||
| During 2020 | Estimated Warranty Liability | 777000 | ||
| Cash | 777000 |
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Part (b) only
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