Question 32\ Miriam Company made an error in booking journal entries this month. The receipt of cash for services was recorded as a debit to Cash for

$42

and a credit to Service Revenue for

$425

. How will Miriam detect this error when preparing the trial balance?\ Debits in the trial balance will be

$383

higher than credits which will signal an error.\ Credits in the trial balance will be

$383

higher than debits which will signal an error.\ This type of error is not caught by a trial balance.\ Account balances will be too high which will signal an error.

Miriam Company made an error in booking journal entries this month. The receipt of cash for services was recorded as a debit to Cash for $42 and a credit to Service Revenue for $425. How will Miriam detect this error when preparing the trial balance? Debits in the trial balance will be $383 higher than credits which will signal an error. Credits in the trial balance will be $383 higher than debits which will signal an error. This type of error is not caught by a trial balance. Account balances will be too high which will signal an error