1. what journal entry does a company make to record estimated warranty expense? a. debits...
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Accounting
1. what journal entry does a company make to record estimated warranty expense? a. debits estimated warranty liability and credits auto parts inventory b. debits estimated warranty liability and credits warranty expense c. debits warranty expense and credits cash d. debits warranty expense and credits estimated warranty liability
2. what journal entry does a company make to record accrued payroll (payroll expense and liabilities)? a. debits cash for gross pay, debits payroll deduction to liability accounts, and credits salaries payable for net pay. b. debits salaried expense for gross pay, credits payroll deductions to liability accounts, and credits cash for net pay. c. debits salaried expense for gross pay, credits payroll deductions to liability accounts, and credits salaries payable for net pay. d. debits salaried expense for gross pay, credits payroll deductions to expense accounts, and credits salaries expense for net pay.
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