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A joumal entry for a $500 payment for Prepaid Rient was emoneously recorded os a debit lo Prepaid Fient for 5300 and a croda to

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A joumal entry for a $500 payment for Prepaid Rient was emoneously recorded os a debit lo Prepaid Fient for 5300 and a croda to Cash for 5$00. Which of tie lolowing statements comectly stakes the effect of the error on the trial balance? A. The sum of the debits will exceed the sum of the credits by $200 8. The eum of the credits will exceed the sum of the debits by 5300 c. The sum of the debits will exceed the sum of the credits by $300 D. The sum of the credits wal exceed the sum of the debis by $200

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