Situtation:

a) inventory of $40,520 received on Dec 30...included in physical inventory count had not been reocrded as an account payable until Jan after year end. Error discovered after financial statements are released. What adjustments do I make to the books?

b) Shipped goods worth $250,781 to customer prior to year end, the revenue and accounts receivable weren't recorded until the new year. Error discovered after financial statements are released. What adjustments do I make to the books?

Thanks in advance