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
₦30,505 cr.
₦9,505 cr.
₦9,505 dr.
₦30,500 dr.
Correct answer is A
No explanation has been provided for this answer.