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In this problem, you will be given three errors that may or may not affect the trial balance. You are t 1. As a result

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In this problem, you will be given three errors that may or may not affect the trial balance. You are t 1. 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 follow 2. What is the amount of the difference between the two columns of the trial balance? 3. Which trial balance column (debit or credit) will become incrementally larger? Statement of Problem Will the trial balance still balance? What is the which trial balance amount of the column will become difference? incrementally larger? A payment of $430 on account for supplies previously purchased was recorded as a debit to Supplies Expense and a credit to Cash for $430. Yes No $0 Debit Credit The $520 balance of Supplies in the general ledger was omitted from the trial balance. Yes No $ Debit Credit A receipt of $1,000 on account for services already performed was recorded as a debit to Cash for $1,000 and a credit to Service Revenue for $100. Yes No $0 Debit o Credit Explanation Check

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