Southwest Company's records indicate that February sales on account were $111,000. The company's management estimates the liability for warranties to be 4.0% of sales. Please provide the journal entry to record warranty expense.

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The Answer of Southwest Company's records indicate that February sales on account were $111,000. The company's management estimates the liability for warranties to be 4.0% of sales. Please provide the journal entry to record warranty expense.

Southwest Company's Records Indicate That February Sales on Account Were