Once the profit for the year had been worked out, the errors below were found. 1 Discount allowed of $550$ had been entered as discount received. 2 Rental income of $3500$ had been entered as an expense. 3 Wages of $4500$ had been entered as $5400$. How will correcting these errors affect the profit for the year?
- Adecrease by $3850$
- Bdecrease by $6800$
- Cincrease by $3850$
- Dincrease by $6800$