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Abu, a debtor to Dania, owed ₦10,500 at the start of the month. He paid cash of ...

Abu, a debtor to Dania, owed ₦10,500 at the start of the month. He paid cash of ₦40,005 during the month and received additional credit sales of ₦20,000.Using the information, Abu's balance at the end of the month is
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  • A ₦30,505 cr.
  • B ₦9,505 cr.
  • C ₦9,505 dr.
  • D ₦30,500 dr.
Correct Answer: Option A
Explanation:

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