Raj and Rohit are partners and share profits and losses in the ratio of 2:1. Raj receives an annual salary of $3000. For the year ended 31 December 2024, the profit was $14100. At 1 January 2024, Raj’s current account showed a debit balance of $1800. What was the credit balance on Raj’s current account on 1 January 2025?
- A$8600
- B$10400
- C$12200
- D$12400