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BE2-18 Explain errors in trial balance. (LO 4) AP There are two errors in the following trial balance: (1) one account has been placed in the wrong column, and (2) there is a transposition error in the balance of the L. Bourque, Capital account. Explain the two errors. BOURQUE COMPANY Trial Balance December 31, 2017 Debit Credit Cash $15,000 Accounts receivable 1,800 Prepaid insurance $ 3,500 Accounts payable 2,000 Unearned revenue 2,200 L. Bourque, capital 15,400 L. Bourque, drawings 4,900 Service revenue 27,500 Rent expense 2,400 Salaries expense 18,600 Totals $42,700 $50,600