10. Two students are discussing the use of a trial balance. They wonder whether the following errors, each considered separately, would prevent the trial balancing from balancing. If trial balance did balance, does this mean the transactions were entered correctly. What would you tell them?

a) The book keeper debited Accounts Receivables for $900 dollars and credited Cash for $900 for receipt of monies from sales made on account, previously recorded.

b) Cash collected on account was debited to Cash for $900, and Service Revenue was credited for $90.