5. Watter and Mitty are in partnership, sharing profits in the ratio 5.3 Mitty is entitled to an annual salary of 18,000. Profit for the year ended 31 December 20X2 is 98,000. The following further information is relevant Drawings for the year ended 31 December 20X2 Walter 64,000 Mitty 48,000 Closing balance on current accounts at 31 December 20X2 4,500 debit 2,400 credit What was the opening balance on Walter's current account at 1 January 20X2? A 1,750 debit B. 9,500 debit C 9,500 credit D 1,750 credit