As part of double entry, a business keeps control accounts. The business’s trial balance was out of balance, so the discrepancy was entered in a suspense account. When the figures were checked, these errors were discovered: The purchases journal had been overcast by $300$. Discounts allowed of $100$ had been entered on the credit side of the discounts received account. What was the balance on the suspense account before these errors were corrected?
- A$200$ credit
- B$200$ debit
- C$400$ credit
- D$400$ debit