The owners wishes to maintain an account equal to of capital as drawings. What is the amount withdrawn?

Use the information below to answer the question:

Capital₦12 700Purchases₦7 100
Debtors₦4 000Stationery₦1 900
Sales₦2 400Wages₦1 230

The owners wishes to maintain an account equal to of capital as drawings.

What is the amount withdrawn?

Options

A) ₦9525

B) ₦9000

C) ₦7100

D) ₦6400

The correct option is A

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