BRIEF EXERCISE 2.18 BE2.18 (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. Explain errors in trial balance. Credit BOURQUE COMPANY Trial Balance December 31, 2021 Debit Cash $15,000 Accounts receivable 1,800 Prepaid insurance Accounts payable Unearned revenue L. Bourque, capital L. Bourque, drawings 4,900 Service revenue Rent expense 2,400 Salaries expense 18,600 Totals $42,700 $ 3,500 2,000 2,200 15,400 27,500 $50,600