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On September 1, Home Store sells a mower (that costs $230) for $530 cash with a one-year warranty that covers parts. Warranty expense is estimated at 7% of sales and is recorded at the time of the sale. On January 24 of the following year, the mower is brought In for repairs covered under the warranty requiring $37 in materials taken from the Repair Parts Inventory Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 3 4 Record the mower sales. Note: Enter debits before credits Date General Journal Credit Debit 630.00 Sep 01 Cash 530.00 Record entry Clear entry View general Journal On September 1, Home Store sells a mower (that costs $230) for $530 cash with a one-year warranty that covers parts. Warranty expense is estimated at 7% of sales and is recorded at the time of the sale. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $37 in materials taken from the Repair Parts Inventory. Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.) View transaction ist Journal entry worksheet On September 1, Home Store sells a mower (that costs $230) for $530 cash with a one-year warranty that covers parts. Warranty expense is estimated at 7% of sales and is recorded at the time of the sale. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $37 in materials taken from the Repair Parts Inventory. Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 2 4 Record the estimated warranty expense. Note Enter debits before credits Goneral Joumal Debit Credit Date Sep 01 Record entry Clear entry View general Journal

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