Answer: Debit to warranty payable the actual amount paid out as a result of warranty claims
Explanation: Warranty payable is a provision for estimated warranty claims to be paid. It is a liability account that has a credit balance.
In recording a warranty payable, a debit is made to warranty expenses account and a credit to warranty payable account.
When the actual warranty claim is paid, the warranty payable account is debited while cash or bank account is credited to record the actual amount paid.
