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(7 points) Vert uses a periodic system. It discovered the following inventory errors in 2023. Books are open. 2022: Ending inventory was $1,100 too high.
(7 points) Vert uses a periodic system. It discovered the following inventory errors in 2023. Books are open. 2022: Ending inventory was $1,100 too high. 2023: $1,600 ending inventory too low. 2023: Credit purchases $900 too high Give the 2023 correcting entry/entries (to fix). Show work: Debits (accounts and amounts) Credits (accounts and amounts)
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