(1) Difference between Debit and Credit Columns (2) Column with the Description of Posting Error (3) Identify Account(s) Incorrectly Stated (4) Amount That Account(s) Over-or Understated Larger Total a. $ 2,260 Credit Rent Expense Rent Expense understated by $2,260 $3,600 debit to Rent Expense is posted as a $1,340 debit. $6,500 credit to Cash is posted twice as two credits to Cash b $10,900 debit to the Dividends account is debited c. to Common Stock. d. $2,050 debit to Prepaid Insurance is posted as a debit to Insurance Expense. e $38,000 debit to Machinery is posted as a debit to Accounts Payable. f. $5,850 credit to Services Revenue is posted as a $585 credit. g. $1,390 debit to Store Supplies not posted