You are the auditor visiting Brown Machine Co. to review its December 31, 2012 inventory and to prepare the necessary adjustments to the books. Brown has done the book to physical adjustment, but the 2012 books are still open until the audit is complete. You discover the following items. For each situation, tell me what "US" entry you would make. If no entry is needed write "no entry".

1. Inventory in the amount of $10,000 was received on December 31 after the count. The invoice was received and recorded on December 30.

2. Materials costing $28,000, shipped to us fob destination, were not entered into A/P until early January. The materials were in a railroad car on our premises at year end, but were excluded from the count.

3. Included in the count is inventory costing $18,000 that was sold to a customer fob destination on December 31 after the physical count. The customer received the goods on January 5. The A/R dept booked it as a sale for $23,000 on December 31.