How would I jounalize product warranty costs of $8,800.?



Answers:
Warranty cost is something you should enjoy made a provision for earlier this:
Dr Product warranty costs
Cr Provision for warranty costs

If you have done that, your entry presently as you incur the $8,800 will be:
Dr Prov. for warranty costs 8,800
Cr Cash or A/cs payable 8,800

However if you haven't made the provision in the past, you shld:
Dr Warranty costs 8,800
Cr Cash or A/cs payable 8,800

and start thinking roughly speaking making that provision.

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