Posting errors are identified in the following table. In column (1), enter the amount of the difference between the two trial balance columns (debit and credit) due to the error. In column (2), identify the trial balance column (debit or credit) with the larger amount if they are not equal. In column (3), identify the account(s) affected by the error. In column (4), indicate the amount by which the account(s) in column (3) is under- or overstated. Item (a) is completed as anexample.

Difference between Column with Identify Amount that Debit and Credit the Larger Account(s Account(s) Is Understated Credit Rent ExpnseRent Expense Description of Posting Error Columns Incorrectly Stated Total Over- or a $3,600 debit to Rent Expense is $2,260 posted as a $1,340 debit. understated $2,260 b. $6,500 credit to Cash is posted twice as two credits to Cash c. | $10,900 debit to the withdrawals account is debited to Owner's Capital. d. $2,050 debit to Prepaid Insurance is posted as a debit to Insurance Expense e. $38,000 debit to Machinery is sted as a debit to Accounts Payable f $5,850 credit to Services Revenue is posted as a $585 credit. g. $1,390 debit to Store Supplies is not posted.