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The bookkeeper for Antony Johnson Auto Repair made a number of errors in journalizing and posting, as described below. For each error: (a) Indicate whether

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The bookkeeper for Antony Johnson Auto Repair made a number of errors in journalizing and posting, as described below. For each error: (a) Indicate whether the trial balance will balance. (b) If the trial balance will not balance, indicate the amount of the difference. (c) Indicate the trial balance column that will have the larger total. Consider each error separately. Use the following form, in which error (1) is given as an example. (a) In Balance Error A credit posting of $500 to Accounts Receivable was omitted. No Yes A debit posting of $750 for Prepaid Insurance was debited to Insurance Expense. A collection from a customer of $100 in payment of its account owed was journalized and posted as a debit to Cash $100 and a credit to Service Revenue $100. Yes v No A credit posting of $350 to Interest Payable was made twice. A cash purchase of supplies for $250 was journalized and posted as a debit to Supplies $25 and a credit to Cash $25. Yes No A debit of $685 to Advertising Expense was posted as $658. Error was omitted. s debited to Insurance Expense. of its account owed was journalized and posted as a debit to Cash made twice. ized and posted as a debit to Supplies $25 and a credit to Cash $25. ed as $658. (a) In Balance No Yes Yes No Yes v No SA (b) Difference $500 50 III ens 350 27 (c) Larger column Debit Debit Credit Credit Credit Credit

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