P and Q run a partnership and divide profits and losses equally. The information below relates to P. credit balance on current account at the start of the year $20\,150 P's share of the revaluation of assets $10\,000 drawings $10\,200 Total partnership profit for the year amounted to $130\,000. Partnership salaries were P $20\,000, Q $30\,000. What was the balance on P's current account at the end of the year?
- A$10\,350
- B$69\,950
- C$79\,950
- D$90\,350