Kylie Is Both a Debtor and a Creditor of Tiger

Multiple Choice

Kylie is both a debtor and a creditor of Tiger Balm.At the end of the period she owes Tiger Balm $200 while Tiger Balm owes her $1,500.The correct journal entry to offset the amounts against each other is:

A) Debit debtors $200; credit creditors $200
B) Debit creditors $200; credit debtors $200
C) Debit debtors $1,500; credit creditors $1,500
D) Debit creditors $1,500; credit debtors $1,500