In this problem, you will be given three errors that may or may not affect the trial balance. Y 1. As a result of each error, will the trial balance still balance? Consider each error separat If you determine that the trial balance will not balance as a result of the error, then answert 2. What is the amount of the difference between the two columns of the trial balance? 3. Which trial balance column (debit or credit) will become incrementally larger? Statement of Problem Will the trial balance still balance? What is the amount of the difference? Which trial balance column will become incrementally larger? A receipt of $1,500 on account for services already performed was recorded as a debit to Cash for $1,500 and a credit to Service Revenue for $150. Yes No $ 1,350 O Debit Credit A debit entry of $950 to Prepaid Insurance was incorrectly posted to Insurance Expense. Yes No $ 950 O Debit Credit The Dividend account balance of $745 was listed in the trial balance as a credit. Yes No $ $ Debit Credit