For each of the posting errors under parts (b) to (g), complete the following: 1. Enter the
Question:
For each of the posting errors under parts (b) to (g), complete the following: 1. Enter the amount of the difference between the two trial balance columns (debit and credit) due to the error. 2. Identify the trial balance column (debit or credit) with the larger amount if they are not equal. 3. Identify the account(s) affected by the error. 4. Indicate the amount by which the account(s) in column (3) is under- or overstated. Item (a) is completed as an example. a. $3,600 debit to Rent Expense is posted as a $1,340 debit. (1) Difference between Debit and Credit Columns $2,260 (2) Column with the Larger Total Credit (3) Identify Account(s) Incorrectly Stated Rent Expense (4) Amount that Account(s) Is Overstated or Understated Rent Expense is understated by $2,260