Question $6$ of $7$

$($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.

$($a$)$

$($b$)$

$($c$)$

Larger

Difference

column

$1.$ A credit posting of $$415$ to Accounts Recievable was omitted

$2.$ A debit posting of $$860$ for Prepaid Insurance was debited to Insurance Expense.

$3.$ A collection from a customer of $$240$ in payment of its account owed was journalized and posted as a debit to Cash $$240$ and a credit to Service Revenue $$240.$

$4.$ A credit posting of $$295$ to Property Taxes Payable was made twice.

$5.$ A cash purchase of supplies for $$490$ was journalized and posted as a debit to Supplies $$49$ and a credit to Cash $$49.$