What Entry Is Required When a Business Estimates Warranty Payable $\begin{array} { |l|} \hlineEstimated ~Warranty ~Payable\\\hlineWarranty ~Expense\\\hline\end{array}$

What entry is required when a business estimates warranty payable each period based on sales revenue?

A) $\begin{array} { |l|} \hlineEstimated ~Warranty ~Payable\\\hlineWarranty ~Expense\\\hline\end{array}$
B) $\begin{array} { |l|} \hlineWarranty ~Expense\\\hlineSales\\\hline\end{array}$
C) $\begin{array} { |l|} \hlineWarranty ~Expense\\\hlineEstimated~ Warranty ~Payable\\\hline\end{array}$
D) $\begin{array} { |l|} \hlineInventory\\\hlineEstimated ~Warranty ~Payable\\\hline\end{array}$

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