Instructions(a) Record any necessary journal entries in 2008 applying the cash b

Instructions(a) Record any necessary journal entries in 2008 applying the cash basis method.(b) Record any necessary journal entries in 2008 applying the expense warranty accrual method.(c) What liability relative to these transactions would appear on the December 31 2008 balance sheet and how would it be classified if the cash basis method is applied?(d) What liability relative to these transactions would appear on the December 31 2008 balance sheet and how would it be classified if the expense warranty accrual method is applied?In 2009 the actual warranty costs to Willy Randolph Corporation were $21400 for parts and $24900 for labor.(e) Record any necessary journal entries in 2009 applying the cash basis method.(f) Record any necessary journal entries in 2009 applying the expense warranty accrual method.