Lindy Company's auditor discovered two errors. No errors were corrected during $2023.$ The errors are described as follows:

Merchandise costing $$3,700$ was sold to a customer for $$8,700$ 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.

A machine with a four$-$year life was purchased on January $1,2023.$ The machine cost $$17,000$ 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.

Journal entry worksheet

$1$

$2$

Merchandise costing $$3,700$ was sold to a customer for $$8,700$ 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.

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[1,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$