Lindy Company's auditor discovered two errors. No errors were corrected during 2023. The errors are described as follows: 1. Merchandise costing $4,900 was sold to a customer for $9,900 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 four-year life was purchased on January 1, 2023. The machine cost $29,000 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. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.