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Pandora Co reported the following items in its statement of financial position as at 31 May 2020, are presented below. 1. Equipment 50,000 2. Sales
Pandora Co reported the following items in its statement of financial position as at 31 May 2020, are presented below.
1. Equipment 50,000
2. Sales Revenue 100,000
3. Inventory 15,000
4. Trade Receivable 68,000
5. Long-term Loan 70,000
6. Trade Payables 23,000
7. Property 120,000
8. Bank Overdraft 15,000
9. Cash 20,000
10. Prepaid Rent 12,000
11. Trademark 300,000
12. Short term loan 10,000
Based on the above information, what is the total for current liabilities?
A) 120,000
B) 48,000
c) 68,000
D) 103,000
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