Question 16 of 20 Focus Stationers trades in stationery and uses the perpetual inventory control system. The stationery in which Focus Stationers trades will be disclosed as ... A. an income. B. an expense. C. a current liability. D. a current asset. . . Question 17 of 20 Use the following information to answer the question below: Giyani Traders is a business that sells electronic equipment. The entity is not registered as a VAT vendor. The financial year-end of Giyani Traders is 28 February of each year. The following trial balance was extracted from the financial records of Giyani Traders. GIYANI TRADERS PRE-ADJUSTMENT TRIAL BALANCE AS AT 28 FEBRUARY 2019 Debit Credit R R. Financial position section Capital 320 000 Drawings 20 000 Land and buildings at cost price 500 000 Mortgage 400 000 Vehides at cost price 200 000 Equipment at cost price 50 000 Accumulated depreciation: Vehicles 80 000 Accumulated depreciation: Equipment 9 500 Inventory 67 500 Debtors control 19 500 Creditors control 41 000 Allowance for credit losses 800 Accrued expenses 1 500 Bank 10 000 20/21, 4:35 AM Petty cash myModules : FAC1501-21-S1-2E : Online Assessment 6000 Total comprehensive income for the year 20 200 873 000 873 000 Additional information: The mortgage loan with interest at 9% per annum is repayable over a period of 20 years. The capital that will be repaid from 1 March 2019 to 28 February 2020 amounted to R20 000. No interest was due at the end of the financial year. Property, plant and equipment on the statement of financial position of Giyani Traders as at 28 February 2019 will amount to... A. R500 000 + R200 000 + R50 000 - R80 000 - R9 500 + R20 000 + R10 000 + R6 000 = R696 500 B. R500 000 + R200 000 + R50 000 = R750 000 . C. R500 000 + R200 000 + R50 000 + R20 000 + R10 000 + R6 000 = R786 000 D. R500 000 + R200 000 + R50 000 - R80 000 - R9 500 = R660 500