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Sean and Co is a new pizza delivery business that was created by depositing 20,000 in a bank account on 01 April. This amount was
Sean and Co is a new pizza delivery business that was created by depositing 20,000 in a bank account on 01 April. This amount was raised partly from Sean, who is the owner (6,000), and partly from bank loan (14,000). During the first week of trading, Sean bought a motorbike for 5,000 paying by cheque. The motorbike will be used to deliver the pizzas. At the end of the first week of trading, the total current asset in the business is:
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