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CPA's became the auditor of Tinman Company and discovered 2 errors. Scarecrow Company CPA's were itor in 2019 and did not find any errors. 1.

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CPA's became the auditor of Tinman Company and discovered 2 errors. Scarecrow Company CPA's were itor in 2019 and did not find any errors. 1. On January 1st 2019 Tinman Company purchased a flying broom for $20,000. The flying broom has an estimated life of 5 years with no salvage value and no depreciation was taken in either 2019 or 2020. 2. Inventory costing Tinman $4000 was sold to 0Z Company during December 2019 , but the sale wasn't recorded until 02 paid $9000 for the inventory on January 5 th 2020 . Tinman uses periodic inventory method and the 2019 count of inventory did NOT Include the merchandise sold to OZ since it wasn't in Tinman's warehouse. REQUIRED prepare the appropriate journal entries for 2020. Assume the 2020 books have

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