A trader added further capital of $4000$. In error, this was entered as a debit in the capital account and a credit in the bank account. What effect will correcting this error have on the statement of financial position?
- Acapital decreases by $4000$; bank decreases by $4000$
- Bcapital decreases by $8000$; bank decreases by $8000$
- Ccapital increases by $4000$; bank increases by $4000$
- Dcapital increases by $8000$; bank increases by $8000$