JAMB Principles of Accounts 1997 Question 38

Use the table below to answer questions 37 and 38.
Partners Current Account (₦: Musa; Kalu; Lawal)
Debit side: Interest on capital 10 000; 8 000; 8 000
Drawings 18 800; 10 000; 6 000
Totals 28 800; 18 000; 14 000
Balance b/d 1 800; 4 300; 540
Credit side: Interest on drawing 800; 600; 360
Share of profit 26 200; 13 100; 13 100
Balance b/d 1 800; 4 300; 540
Totals 28 800; 18 000; 14 000
The current account above for Musa, Kalu and Lawal has some errors in the arrangement of the accounts.
The correct closing balance of Lawal's current account is

1. A.₦21 100 debit
2. B.₦14 740 debit
3. C.₦14 740 credit
4. D.₦540 credit.