Journalize the following transactions for Riley Corporation: Dec. 31$\quad$ The accrued product warranty expense for the year is estimated to be $ 2.5 \% $ of sales. Sales for the year totaled $ \$ 8,850,000 $.
31 $\quad$$\quad$$\quad$The accrued vacation pay for the year is estimated to be $ \$ 75,000 $.
31$\quad$$\quad$$\quad$ Paid First Insurance Co. $ \$ 55,000 $ as fund trustee for the pension plan. The annual pension cost is $ \$ 87,000 $.

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The Answer of Journalize the following transactions for Riley Corporation: Dec. 31$\quad$ The accrued product warranty expense for the year is estimated to be $ 2.5 \% $ of sales. Sales for the year totaled $ \$ 8,850,000 $.
31 $\quad$$\quad$$\quad$The accrued vacation pay for the year is estimated to be $ \$ 75,000 $.
31$\quad$$\quad$$\quad$ Paid First Insurance Co. $ \$ 55,000 $ as fund trustee for the pension plan. The annual pension cost is $ \$ 87,000 $.

Journalize the Following Transactions for Riley Corporation: Dec \quad The Accrued Product Warranty Expense for the Year Is Estimated

Journalize the Following Transactions for Riley Corporation: Dec $\quad$ The Accrued Product Warranty Expense for the Year Is Estimated