A physical inventory count revealed that the following was on hand on the premises of JFK Traders at the financial year-end 30 June 20.20:

Trading inventory R6 500

Packaging material R2 500

Stationery R 500

How will these items be disclosed in the statement of financial position as at 30 June 20.20?

Select one:

A.

Non-current assets: Inventory R6 500.

B.

Non-current assets: Inventory R9 500

C.

Current assets: Inventory R9 500

D.

Current assets: Fixed Deposit R6 500

E.

Current assets: Inventory R3 000