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Description of Posting Error Debit and Amount That Account(s) Over-or Understated Credit Larg Incorrectly Stated Columns Total $2,710 debit to Rent Expense is posted as
Description of Posting Error Debit and Amount That Account(s) Over-or Understated Credit Larg Incorrectly Stated Columns Total $2,710 debit to Rent Expense is posted as a $2,170 debit. $5,420 credit to Cash is posted twice as two credits to Cash. $ 540 Credit Rent Expense Rent Expense is understated by $540 $10,840 debit to the Withdrawals account is debited to Owner's Capital. . d$2,560 debit to Prepaid Insurance is posted as a debit to Insurance Expense. $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. $1,750 debit to Store Supplies is not posted 9
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