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CASIO 7 60 52 M+ 8 6 3 % 9 Indicate in each of the spaces provided the effect of the described errors on the

CASIO 7 60 52 M+ 8 6 3 % 9 Indicate in each of the spaces provided the effect of the described errors on the various elements of a company's financial statements. Assume a periodic inventory system. 1. Goods in transit shipped "f.o.b. destination" by supplier were Type here to search recorded as a purchase but were excluded from ending inventory. 2. Goods held on consignment were E Accounts Receivable * 102- Inventory (66) < Accounts Payable e g > GMX Sales 28F Cost of Goods Sold 4 SUPPORT 11:12 PM 11/10/2023 22

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