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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

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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 accounts) affected by the error in column (4), inclicate the amount by which the account(s) in column (3) is under-or overstated item (s) is completed as an example (Select "None" if there is no effect.) Identity Account Incorrectly stated Amount That Accounts Over or Understated Difference between Column with Description of Posting Error Debit and Credit the larger Columns Total 51.980 debt to Rent Expenses posted 50 Credit as a 51 det 53.950 credit to Cash is powe No Credits to Cash Rent Expense Rent Expense is understated by 590 S7520 bit to the ends court C is debited to Common Stock 51030 to Proud murance is Dosed as a detto mutance Expo $34.650 dubt to this posted as a bit counts GEM 7 $1,830 debt to Prepaid Insurance is posted as a debit to Insurance Expense 574 Dots $34.650 debit to Machinery is posted as a dobit to Accounts Pay SA ocroto se pod 543 tro 51.020 debit to store oplies ist posted

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