Trade creditors account was maintained at 25% of the capital : What was the balance in the trade creditors account as at 31/12/92?

Trade creditors account was maintained at 25% of the capital.

What was the balance in the trade creditors account as at 31/12/92?

A N 29 800

B N 29 500

C N29 400

D N 29 000

Answer is C