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Read through the following bookkeeping errors and follow the instructions below: The bookkeeper for Green Lawn Mowing Service made a number of errors in journalizing
Read through the following bookkeeping errors and follow the instructions below: The bookkeeper for Green Lawn Mowing Service made a number of errors in journalizing and posting as described below: 1. A debit posting to accounts receivable for $500 was omitted. 2. A payment of accounts payable for $600 was credited to cash and debited to accounts receivable. 3. A credit to accounts receivable for $750 was posted as $75. 4. A cash purchase of equipment for $673 was journalized as a debit to equipment and a credit to notes payable. The credit posting was made for $637. 5. A debit posting of $300 for purchase of supplies was credited to supplies. 6. A debit to repairs expense for $482 was posted as $428. 7. A debit posting for wages expense for $800 was made twice. 8. A cash purchase of supplies for $700 was journalized and posted as a debit to supplies for $70 and a credit to cash for $70. Instructions For each error, indicate (a) whether the trial balance will balance; if the trial balance will not balance, indicate (b) the amount of the difference, and (c) the trial balance column that will have the larger total. Consider each error separately. Use the following form, in which error
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