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 Difference between Debit and Credit Columns (2) Column with the Larger Total (3) Identify Account(s) Incorrectly stated (4) Amount That Account(s) Over- or Understated a $ 90 Credit Rent Expense Rent Expense is understated by $90 $1,760 debit to Rent Expense is posted as a $1,670 debit $3,520 credit to Cash is posted twice as two credits to Cash. b. c. $7,040 debit to the Dividends account is debited to Common Stock. d. $1,610 debit to Prepaid Insurance is posted as a debit to Insurance Expense. e $30,800 debit to Machinery is posted as a debit to Accounts Payable. f. $4,420 credit to Services Revenue is posted as a $442 credit 9 $800 debit to Store Supplies is not posted