A’s current account was opened with a debit balance of ₹7,500. During the year, interest on capital was ₹11,000, profit share was ₹24,000, drawings were ₹28,000, and personal expenses were ₹3,500. What is the closing current-account balance?

Correct answer: ₹4,000 debit

The governing concept is the preparation and balancing of a partner’s current account. Interest on capital of ₹11,000 and A’s share of profit of ₹24,000 are credit items, giving total credits of ₹11,000 + ₹24,000 = ₹35,000. The opening debit balance of ₹7,500 remains a debit item. Drawings of ₹28,000 and personal expenses of ₹3,500 are also debits, so total debits are ₹7,500 + ₹28,000 + ₹3,500 = ₹39,000. Since debits exceed credits by ₹39,000 − ₹35,000 = ₹4,000, the closing balance is ₹4,000 debit. Thus option A is correct; the other options reverse the side or use an incomplete total.