A $130 Credit to Office Equipment Was Credited to Fees

Multiple Choice

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.