S ply: Summative Assessment [due Day 7] i Saved 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.) Help Description of Posting Error (1) Difference between Debit and (2) Column (3) Credit Columns with the Larger Total Identify Account(s) Incorrectly Stated (4) Amount That Account(s) Over- or Understated $1,840 debit to Rent Expense is posted as a a. $ 360 Credit Rent Expense Rent Expense is understated by $360 $1,480 debit. b. $3,680 credit to Cash is posted twice as two credits to Cash. $7,360 debit to the Withdrawals account is C. debited to Owner's Capital. Debit Condit Drev 3 of 4 Next Save & Exit S