Posting errors are identified in the following table. In column (1), enter the amount of the difference between the two trial balance columns (debit and credit) due to the error. In column (2), identify the trial balance column (debit or credit) with the larger amount if they are not equal. In column (3), identify the account(s) affected by the error. In column (4), indicate the amount by which the account(s) in column (3) is under- or overstated. Item (a) is completed as an example. (Select "None" if there is no effect.) Description of Posting Error a $1,740 debit to Rent Expense is posted as a $1,470 debit b $3.480 credit to Cash is posted twice as two credits to Cash e $1,500 debit to Prepaid Insurance is posted as a debit to Insurance Expense d. $30.450 debit to Machinery is posted as a debit to Accounts Payable $4.380 creat to Services Revenue is posted as a $438 credit 1.5780 debit to Store Gupples is not posted (1) Difference (2) Column (3) Credit Columns between Debit and with the Identify Account(s) Incorrectly Stated Larger Total Amount of account over- or understatement $ 270 Credit Rent Expense Rent Expense is understated by $270