Raj is a customer of Balbir and, at the same time, supplies goods to Balbir. In Balbir’s sales ledger, Raj’s account showed a debit balance of $300. In Balbir’s purchases ledger, Raj’s account had a credit balance of $100. It was agreed that a contra entry would be made between the two accounts. What entry should Balbir record in his purchases ledger control account?
- Acredit $100
- Bcredit $200
- Cdebit $100
- Ddebit $200