A company estimates that warranty expense will be 4% of sales. The company's sales for the current period are $218,000. The current period's entry to record the warranty expense is:. a. Debit Warranty Expense 58,720 credit Sales $8,720
b. Debit Warranty Expense 58,720 credit Estimated Warranty Liability $8.720
c. Debt Estimated Warranty Libility 18720 credit Warranty Expense $3.520
d. Debit Estimated Warranty Libidity 1720 credit cash $8.720
e. No entry is recorded until the items are returned for warranty repairs

Which sentence in the passage refers to the "analysis" of a given problem? jeremy is the production manager in a manafacturing company. he has identified a problem in the production process. he has estimated that the problem would lead to a loss of $10,000 and would require time to resolve. further, he has also identified the source of the problem to be the outdated machinery, which might require major repair, if not immediate replacement. finally, jeremy has also divided the problem into smaller parts, such as production costs, overheads, downtime expense, repair expenditure, and so on.