\(\begin{array}{c|c} & J. Chike & B. Balla \\ &am...
Use the following information to answer he given question
J.ChikeB.BallaNNCurrent Accounts balance(1/4/98)4,0006,000Current Accounts balance (1/4/99)7,000?Drawings1,5001,500Share of net profit?2,500
What is chike's share of profit from the partnership for the year ended 31/3/99 ?
N8,500
N7,000
N5,500
N4,500
Correct answer is D
No explanation has been provided for this answer.