On January 1:2023, Oriole Litd. sold on account 800 units of its product for a...

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On January 1:2023, Oriole Litd. sold on account 800 units of its product for a total price of $559,000 and a cost of $475,000. The products have a one-year assurance-type warranty and Oriole estimates that the cost will be $22.800.8y the company's year-end December 31,2023, actual warranty costs related to the products sold was $17,400, paid in cash. Prepare all appropriate joumal entries including the sale of merchandise. (Credit account titles are automaticolly indented when the amount is entered. Do not indent manuelly. If no entry is required, select "No Entry for the account titles and enter o for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) On January 1:2023, Oriole Litd. sold on account 800 units of its product for a total price of $559,000 and a cost of $475,000. The products have a one-year assurance-type warranty and Oriole estimates that the cost will be $22.800.8y the company's year-end December 31,2023, actual warranty costs related to the products sold was $17,400, paid in cash. Prepare all appropriate joumal entries including the sale of merchandise. (Credit account titles are automaticolly indented when the amount is entered. Do not indent manuelly. If no entry is required, select "No Entry for the account titles and enter o for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.)

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