4. Gins plc has received a statement from its supplier, Franks plc, as at 31 October 20X8, which shows a balance of 2,458. This does not agree to the balance on Franks account in Gins ple's payables ledger. On investigation the following are found:

On 30 October 20X8 Gins plc retumed some goods to Franks plc which had been invoiced at 372. Although Gins plc had not received a credit note from Froome plc by 31 October, it adjusted inventories and payables to account for the return.

On 14 October 20X8 Gins plc made a bank transfer 1,372 to Franks plc in settlement of a purchase on which it had expected to take the settlement discount of 2%. Franks plc has recorded the payment made by Gins, but had not expected the discount to be taken and is disputing whether Gins plc met the settlement terms.

What is the balance on Franks account in Gins plc's payables ledger at 31 October 20X8?

A 2,430 B. 2,114 C. 2,086 D. 2,058