The Sonntag Corporation has adjusted and closed its books at the end of 2012. The company arrives at its inventory position by a physical count taken on December 31 of each year. In March of 2013, the following errors were discovered:
(a) Merchandise that cost $2,500 was sold for $3,400 on December 29, 2012. The order was shipped December 31, 2012, with terms of FOB shipping point. The merchandise was not included in the ending inventory. The sale was recorded on January 12, 2013, when the customer made payment on the sale.
(b) On January 3, 2013, Sonntag Corporation received merchandise that had been shipped to it on December 30, 2012. The terms of the purchase were FOB shipping point. Cost of the merchandise was $1,750. The purchase was recorded and the goods included in the inventory when payment was made in January 2013.
(c) On January 8, 2013, merchandise that had been included in the ending inventory was returned to Sonntag because the consignee had not been able to sell it. The cost of this merchandise was $1,200 with a selling price of $1,800.
(d) Merchandise costing $750, located in a separate warehouse, was overlooked and excluded from the 2012 inventory count.
(e) On December 26, 2012, Sonntag Corporation purchased merchandise costing $1,175 from a supplier. The order was shipped December 28 (terms FOB destination) and was still "in transit" on December 31. Because the invoice was received on December 31, the purchase was recorded in 2012. The merchandise was not included in the inventory count.
(f) The corporation failed to make an entry for a purchase on account of $835 at the end of 2012, although it included this merchandise in the inventory count. The purchase was recorded when payment was made to the supplier in 2013.
(g) The corporation included in its 2012 ending inventory merchandise with a cost of $1,350. This merchandise had been custom built and was being held according to the customer's written request until the customer could come and pick up the merchandise. The sale, for $1,825, was recorded in 2013.
Instructions: Give the entry in 2013 (2012 books are closed) to correct each error. Assume that the errors were made during 2012, all amounts are material, and the periodic inventory system is used.