Apr. 30 Bowes is party to a patent infringement lawsuit of $210,000. Bowes's attorney is certain it is remote that Bowes will lose this lawsuit. Jun. 30 Estimated warranty expense at 4% of sales of $380,000.
Jul. 28 Warranty claims paid in the amount of $6,000.
Sep. 30 Bowes is party to a lawsuit for copyright violation of $70,000. Bowes's attorney advises that it is probable Bowes will lose this lawsuit. The attorney estimates the loss at $70,000.
Dec. 31 Bowes estimated warranty expense on sales for the second half of the year of $540,000 at 4%.

Required:
a. Journalize required transactions, if any, in Garrett's general journal. Explanations are not required.
b. What is the balance in Estimated warranty payable?

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing​ company: work in process inventory ​$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additional​ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.​ 151, for which total direct labor charges were $ 5 comma 700 ​(1 comma 000 direct labor​ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for​ january

The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a.standard deductionb.itemized deductionc.personal exemptiond.none of these. all of these are from agi deductions

Rats that received electric shocks were unlikely to develop ulcers if the