trail balance

A. The Checking account balance was understated by $304.30.

B. The Accounts Receivable account balance is overstated by $32.33.

Step 1: What do you think are the most likely causes of the two errors? Be specific regarding which transaction might be in error.

Step 2: How would you correct each of the errors? Specifically, what actions would you take so that your trail balance would show the correct balances?