Raj acts as both a customer for Balbir and a supplier to Balbir. In Balbir’s sales ledger, Raj’s account had a debit balance of $300. In Balbir’s purchases ledger, Raj’s account showed a credit balance of $100. The two balances were agreed to be set off by a contra entry. Which entry would Balbir record in his purchases ledger control account?
- Acredit $100
- Bcredit $200
- Cdebit $100
- Ddebit $200