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In this problem, you will be given three errors that may or may not affect the trial balance . You are to determine the following:

In this problem, you will be given three errors that may or may not affect thetrial balance. You are to determine the following:

  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 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 become incrementally larger?
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\begin{tabular}{|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Statement of Problem } & Willthetrialbalancestillbalance? & Whatistheamountofthedifference? & Whichtrialbalancecolumnwillbecomeincrementallylarger? \\ \hline TheDividendaccountbalanceof$560waslistedinthetrialbalanceasacredit. & Yes No & $ & Debit Credit \\ \hline The$980AccountsReceivablebalanceinthegeneralledgerwaslistedas$890inthetrialbalance. & Yes No & $ & Debit Credit \\ \hline A$840credittoServiceRevenuewaspostedasa$840credittoDeferredRevenue. & Yes No & $ & Debit Credit \\ \hline \end{tabular}

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