Two Transactions Are Recorded Incorrectly in a Worksheet

Multiple Choice

Two transactions are recorded incorrectly in a worksheet. The first error is a transaction of $1000 which is recorded twice on the assets side of the worksheet. The second error is a transaction of $500 recorded only on the assets side of the worksheet. What will be the difference between the assets side of the worksheet and the liabilities + owners' equity side of the worksheet?

A) $500
B) $1500
C) $2000
D) $2500