19. Refer again to exercise 18 and assume that, after the appropriate adjusting entries were made. Electronics Outlet discovered another $700 of inventory that hadnt been included in the $132,000 end-of-period valuation. Show the appropriate correcting entry.

16. Record in T-account format, the following transaction: The Song Company receives delivery of a large punch press purchased for $19,300, payable in 30 days. Song pays the trucking company $1,200 in cash for delivering the press, and $2,200 in cash to the riggers and electricians for installing the press.