Description of Posting Error $(1)$

Difference between Debit and Credit Columns $(2)$

Column with the Larger Total $(3)$

Identify Account$($s$)$ Incorrectly Stated $(4)$ Amount That Account$($s$)$ Over$-$ or Understated

a$.$ $$2,710$ debit to Rent Expense is posted as a $$2,170$ debit. $$540$ Credit Rent Expense Rent Expense is understated by $$540$

b$.$ $$5,420$ credit to Cash is posted twice as two credits to Cash. $$5,420$ Credit Cash Cash is understated by $$5,420$

Cash Cash is understated by $$5,420$

c$.$ $$10,840$ debit to the Dividends account is debited to Common Stock. $$10,840$ Credit Dividends Common stock is overstated by $$10,840$

Common stock Common stock is understated by $$10,840$

d$.$ $$2,560$ debit to Prepaid Insurance is posted as a debit to Insurance Expense.

e$.$ $$47,425$ debit to Machinery is posted as a debit to Accounts Payable.

f$.$ $$6,320$ credit to Services Revenue is posted as a $$632$ credit.

g$.$ $$1,750$ debit to Store Supplies is not posted.