The bookkeeper for Brooks Equipment Repair made a number of errors in journalizing and posting, as described below

DOUBLE CHECK

The bookkeeper for Brooks Equipment 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 Larger column No. Error Balance Difference 1. A credit posting of $715 to Accounts Receivable was omitted No Debit 715 2. A debit posting of $940 for Prepaid Insurance was debited to Insurance Expense Yes 3 A collection from a customer of $160 in payment of its account owed was journalized and posted as a debit to Cash Yes Dx $160 and a credit to Service Revenue $160 4. A credit posting of $705 to Property Taxes Payable was made twice No Credit 5. A cash purchase of supplies for $850 was journalized and posted as a debit to Supplies $85 and a credit to Cash Yes $85 6. A debit of $552 to Advertising Expense was posted as $525 No Credit 27 The bookkeeper for Brooks Equipment 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 Larger column No. Error Balance Difference 1. A credit posting of $715 to Accounts Receivable was omitted No Debit 715 2. A debit posting of $940 for Prepaid Insurance was debited to Insurance Expense Yes 3 A collection from a customer of $160 in payment of its account owed was journalized and posted as a debit to Cash Yes Dx $160 and a credit to Service Revenue $160 4. A credit posting of $705 to Property Taxes Payable was made twice No Credit 5. A cash purchase of supplies for $850 was journalized and posted as a debit to Supplies $85 and a credit to Cash Yes $85 6. A debit of $552 to Advertising Expense was posted as $525 No Credit 27