Response to the following problem:
The following errors were made in journalizing transactions. In each case, calculate the amount of the error and indicate whether the debit or the credit column of the trial balance will be understated or overstated.
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Amount of Difference
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Debit or Credit Column of Trial Balance Understated or Overstated
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0. Example: A $149 debit to Accounts Receivable was not recorded.
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$149
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Debit column understated
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a. A $42 debit to Supplies was recorded as $420.
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b. A $155 debit to Accounts Receivable was recorded twice.
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c. A $179 debit to Prepaid Insurance was not recorded.
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d. A $65 credit to Cash was not recorded.
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e. A $190 debit to Equipment was recorded twice.
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f. A $57 debit to Utilities Expense was recorded as $75.
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