If you do this problem incorrectly 2 more times, we will practice another question.

1. In this problem, you will be given three errors that may or may not affect thetrial balance. You are to determine the following:As a result of each error, will the trial balance still balance? Consider each error separately.

If you determine that the trial balance will not balance as a result of the error, then answer the following questions:

1. What is the amount of the difference between the two columns of the trial balance?
2. Which trial balance column (debit or credit) will have the larger total?

Statement of Problem

Will the trial balance still balance?

What is the amount of the difference?

Which trial balance column will have the larger total?

A credit entry toAccounts Payablefor $450 was posted twice.

Yes

No

$

Debit

Credit

The $360 balance inService Revenuewas listed as a debit.

Yes

No

$

Debit

Credit

A receipt of $1,500on accountfor services already performed was recorded as a debit toCashfor $150 and a credit to Accounts Receivable for $150.

Yes

No

$

Debit

Credit

Clear

Undo

Help

\f1 NO 2 NO 3 Yes 450 Credit 720 Debit 0 1 NO 2 NO 3 Yes 450 Credit 720 Debit 0 Yes Yes NO 0 0 535 Don't Mark Any thing Don't Mark Any thing Credit