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The bookkeeper for J . L . Bridgeport Equipment Repair made a number of errors in journalizing and posting, as the following describes. For each

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The bookkeeper for J.L. Bridgeport Equipment Repair made a number of errors in journalizing and posting, as the following describes.
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.
\table[[No.,Error,\table[[(a)],[In],[Balance]],\table[[(b)],[Difference]],\table[[(c)],[Larger],[column]]],[1.,\table[[A credit posting of $525 to Accounts Receivable was],[omitted.]],,$,],[2.,\table[[A debit posting of $850 for Prepaid Insurance was],[debited to Insurance Expense.]],,$,],[3.,\table[[A collection from a customer of $270 in payment of its],[account owed was journalized and posted as a debit to],[Cash $270 and a credit to Service Revenue $270.]],,$,]]
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