Anchor Company Sold Merchandise with a Cost of $560 to a Customer

Anchor Company sold merchandise with a cost of $560 to a customer for $890 on account.Due to an error,this sale was never recorded in the accounting records.What effect will the failure to make the necessary entries have on the company's accounting equation?

A) Total assets and total equity will be overstated.
B) Total assets will be overstated and total equity will be understated.
C) Total assets and total equity will be understated.
D) The accounting equation will not be affected.