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Question(s) / Instruction(s):

A $130 credit to Office Equipment was credited to Fees Earned by mistake. By what amounts are the accounts under or overstated as a result of this error?

a)            Office Equipment, understated $130; Fees Earned, overstated $130

b)            Office Equipment, understated $260; Fees Earned, overstated $130

c)            Office Equipment, overstated $130; Fees Earned, overstated $130

d)            Office Equipment, overstated $130; Fees Earned, understated $130

e)            Office Equipment, overstated $260; Fees Earned, understated $130

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