work Saved Required information [The following information applies to the questions displayed below) You are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifically, a correctly journalized credit purchase of an automobile for $11,550 is posted from the journal to the ledger with an $11.550 debit to Automobiles and another $11,550 debit to Accounts Payable. The Automobiles account has a debit balance of $27,374 on the trial balance. Answer each of the following questions and compute the dollar amount of any misstatement Part (a through d): For each of the following statements: 1. Select the appropriate choice from the Account Status column 2. In cases where the amount is understated or overstated, use the amount column to fill in the amount by which the account or trial balance total is understated or overstated. (Enter the amounts understated with a minus sign.) Account Status Amount b Statements The debt column total of the trial balance The credit column total of the trial balance The balance of the automobiles account in the trial balance The balance of the accounts payable account in the trial balance C d Required information [The following information applies to the questions displayed below.) You are told the column totals in a trial balance are not equal. After careful analysis, you discover only one error. Specifically, a correctly journalized credit purchase of an automobile for $11,550 is posted from the journal to the ledger with an $11,550 debit to Automobiles and another $11,550 debit to Accounts Payable. The Automobiles account has a debit balance of $27,374 on the trial balance. Answer each of the following questions and compute the dollar amount of any misstatement e. If the debit column total of the trial balance is $242,550 before correcting the error, what is the total of the credit column before correction? Total of the credit column