Question: Lindy Company's auditor discovered two errors. No errors were corrected during 2 0 2 3 . The errors are described as follows: ( 1 )

Lindy Company's auditor discovered two errors. No errors were corrected during
Lindy Company's auditor discovered two errors. No errors were corrected during 2023. The errors are described as follows:
(1) Merchandise costing $4,000 was sold to a customer for $9,000 on December 31,2023, but it was recorded as a sale on January 2,2024. The merchandise was properly excluded from the 2023 ending inventory. Assume the periodic inventory system is used.
(2) A machine with a five-year life was purchased on January 1,2023. The machine cost $20,000 and has no expected salvage value. No depreciation was taken in 2023 or 2024. Assume the straight-line method for depreciation.
Required:Prepare appropriate journal entries (assume the 2024 books have not been closed). Ignore income taxes.
(5pts)
2023. The errors are described as follows: (1) Merchandise costing $4,000 was

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