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\(\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 ?

A.

N8,500

B.

N7,000

C.

N5,500

D.

N4,500

Correct answer is D

No explanation has been provided for this answer.