A $130 credit to Supplies was credited to Fees Earned by mistake.By what amounts are the accounts under- or overstated as a result of this error?
A)Supplies,understated $130;Fees Earned,overstated $130.
B)Supplies,understated $260;Fees Earned,overstated $130.
C)Supplies,overstated $130;Fees Earned,overstated $130.
D)Supplies,overstated $130;Fees Earned,understated $130.
E)Supplies,overstated $260;Fees Earned,understated $130.

Question

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The Answer of A $130 credit to Supplies was credited to Fees Earned by mistake.By what amounts are the accounts under- or overstated as a result of this error?
A)Supplies,understated $130;Fees Earned,overstated $130.
B)Supplies,understated $260;Fees Earned,overstated $130.
C)Supplies,overstated $130;Fees Earned,overstated $130.
D)Supplies,overstated $130;Fees Earned,understated $130.
E)Supplies,overstated $260;Fees Earned,understated $130.

A $130 Credit to Supplies Was Credited to Fees Earned