Use the following information below to answer this question 

Five hundred naira monthly is allowed on an imprest system. The following transactions took place
Period 1:                                                    
Cash advanced to petty cashier               500
Petty cashier paid out: Stamp                  200
                         Newspaper          250
Period 2:
Cash to petty cashier                               450
Cashier paid for writing materials             350

What was the balance of cash with the petty cashier at the end of period 1?

A.

₦450

B.

₦300

C.

₦50

D.

₦200

Correct answer is C

No explanation has been provided for this answer.