Use the following information to answer the given question
Baba
# |
Tunde
# |
|
Capital Accounts 1 January, 2000 | 40,000 | 50,000 |
Current Accounts 1 January, 2000 | 20,000Cr | 15,000Cr |
Drawings during the year | 4,000 | 15,000 |
Salaries | 5,000 | 5,000 |
A. N20,000
B. N10,500
C. N5,000
D. N4,000
Correct Answer: Option B
B. N10,500