Given the following information: Prepaid expense R1 000, accrued expenses R4 000, accrued income, R120 000 Capital R3 000 000 and income received in advance R90 000. Total trade and other receivables is: 8 A. R118 000 B. R107 000 C. R120 000 O D. R121 000 Partners are jointly but severally liable for the debts of the business. Select one: O True O False