The Bookkeeper Recorded a Payment on Account as $170 Instead

Multiple Choice

The bookkeeper recorded a payment on account as $170 instead of the correct amount of $710. What journal entry is required?

A) Debit Accounts Payable for $710 and credit Cash for $710.
B) Debit Accounts Receivable for $710 and credit Cash for $710.
C) Debit Accounts Payable for $540 and credit Cash for $540.
D) Debit Cash for $540 and credit Accounts Payable for $540.