A journal entry for a

$ $900$$$900$

payment for Prepaid Rent was erroneously recorded as a debit to Prepaid Rent for

$ $400$$$400.$

and a credit to Cash for

$ $900$$$900.$

Which of the following statements correctly states the effect of the error on the trial$$ balance?

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Part $1$

A$.$

The sum of the debits will exceed the sum of the credits by

$ $400$$$400.$

B$.$

The sum of the credits will exceed the sum of the debits by

$ $400$$$400.$

C$.$

The sum of the debits will exceed the sum of the credits by

$ $500$$$500.$

D$.$

The sum of the credits will exceed the sum of the debits by

$ $500$$$500.$