Question: 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
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Difference between Debit and Credit Columns Column with Identify Account(s) Amount that the Larger Total Account(s) Is Over- or Descriptlon of Posting Error Stated a. $2.400 debit to Rent Expense is b. $4,050 credit to Cash is posted C. | $9,900 debit to the withdrawals account is d. $2.250 debit to Prepaid Insurance e. $42.000 debit to Machinery is f. $4.950 credit to Services Revenue g. $1.440 debit to Store Supplies is $810 Credit Rent Expense Rent Expense understated $810 sted as a $1,590 debit twice as two credits to Cash. debited to Owner's Capital. is posted as a debit to Insurance Expense. ed as a debit to Accounts is as a $495 credit. not posted.
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Description 1 Difference between Debit and Credit Columns 2 Column with the Larger Total 3 Identify ... View full answer
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