Other payables and other receivables — practice question

Shula’s financial year finishes on 31 March. At the start of 1 April 2024, Yasmin’s account in Shula’s purchases ledger showed a credit balance of $100. What does this mean?

• AShula had paid $100 to Yasmin.
• BYasmin had paid $100 to Shula.
• CShula owed $100 to Yasmin.
• DYasmin owed $100 to Shula.