Trail balance has following accounts; cash 50000, A/R 20000, prepaid rent 5000, equipment(net)25000, land 10000, A/P 15000, 2 years N/P 30000, retained earning 25000, share capital 40000, balances are? O a current asset 50000 and total assets 110000 O b. current assets 70000 and total assets 100000 Occurrent assets 75000 and total assets 110000, O d.current assets 70000 and total assets 110000