Question on: WAEC Accounting - 1999

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
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Correct Option: B

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