question 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.

18. The Electronics Outlet, a television and electronics appliance store, starts the month with $137,000 in inventory. The following transactions take place during the month: . . Receives $21,230 worth of stereo equipment purchased for credit Returns a $300 television to a supplier because it did not work Purchases $330 of promotional material for the store Acquires and receives three used television sets for $90 per unit, a total of $270 Discovers that one of the three televisions purchased in the previous entry is defective and throws it in the trash Merchandise sales during the month total $33,000 Determines that the month-end inventory at the store has a value of $132,000 . What is the cost of goods sold for the month for the Electronics Outlet? 19. Refer again to exercise 18 and assume that, after the appropriate adjusting entries were made, Electronics Outlet discovered another $700 of inven- tory that hadn't been included in the $132,000 end-of-period valuation. Show the appropriate correcting entry. 20. In T-account