Use the following information to answer he given question (begin{array}{c|c} & J. Chike & B….

Use the following information to answer he given question
(begin{array}{c|c} & J. Chike & B. Balla \ & N & N \ hline text{Current Accounts balance(1/4/98)} & 4,000 & 6,000 \ text{Current Accounts balance (1/4/99)} & 7,000 & text{?} \ Drawings & 1,500 & 1,500 \ text{Share of net profit} & text{?} & 2,500 end{array})
What is Balla’s Current Account balance as at 31/3/99?
  • A.
    N11,000
  • B.
    N7,000
  • C.
    N5,500
  • D.
    N4,500
Correct Answer: Option B
Explanation
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