WAEC Financial Accounting 1995 Question 26

Use the following Debtors Control Account:
Debit side: Balance b/d ₦8,000; 'X' ₦12,000
Credit side: Bank 'Y'; Discount ₦200; Balance c/d ₦3,000

How much is the figure for bank?

1. A.₦20,000
2. B.₦17,000
3. C.₦16,800
4. D.₦12,000
5. E.₦8,000.