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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

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.)

it says the chart is incomplete. what am i missing?

Description of Posting Error Difference between Debit and Credit Columns Column with the Larger Total Identify Account(s) Incorrectly Stated Amount That Account(s) Over- or Understated
a. $1,480 debit to Rent Expense is posted as a $1,840 debit. $360 Credit Rent Expense Rent Expense is understated by $360
b. $2,960 credit to Cash is posted twice as two credits to Cash. $2,960 Credit Cash Cash is understated by $2,960
c. $5,920 debit to the Withdrawals account is debited to Owners Capital. $0 None Owner's capital Owner's capital account is understated by $5,920
Owner's withdrawals
d. $1,330 debit to Prepaid Insurance is posted as a debit to Insurance Expense. $0 None Prepaid insurance Prepaid insurance is understated by $1,330
Insurance expense
e. $25,900 debit to Machinery is posted as a debit to Accounts Payable. $0 None Machinery Machinery is understated by $25,900
Accounts payable Accounts payable is understated by $25,900
f. $3,860 credit to Services Revenue is posted as a $386 credit. $3,474 Debit Services revenue Services revenue is understated by $3,474
g. $520 debit to Store Supplies is not posted. $520 Credit Store supplies Store supplies is understated by $520

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