Lola has prepared his financial statements for the year ended 30 April 2021, which showed a profit for the year of R150 000, current assets of R96 000, non-current assets of R200 000 and a total assets figure of R296 000. He has since discovered that the closing inventory amount, he used was overstated by R25 000 . Indicate whether the following statement is true or false regarding the correction of the error that was made? The revised current assets amount will be R121 000. Select one: True False