TB Problem 20-126 (Algo) 1 Lindy Company's auditor discovered two errors. No errors were corrected during 2020. The chose described as foc in Merchandise costing $2.900 was sold to a customer for $8.900 on December 112020, but it was recorded as w2 2021. The merchandise was properly excluded from the 2020 ending inventory Assume the periodic eventory system used (2) A machine with a four-year life was purchased on January 2020. The machine cost $9.000 and has no expected salg No depreciation was taken in 2020 2021. Assume the straight line method for depreciation os Required: Prepare appropriate journal entries (assume the 2021 books have not been closed ignore income as of no entry is required for transaction/event, select "No journal entry required in the first account field) View transaction lit Journal entry worksheet