Accountancy, asked by tjgtjgdrcom, 5 months ago

Berry Company by its owner, John Berry, during the first week of January:

· It received €50,000 in cash from John Berry as capital.

· It borrowed €30,000 from a local bank.

· It purchased €15,000 of equipment for cash.

· It purchased €20,000 of inventory on account.

· It pre-paid €3,000 for the office rent and €2,000 for the insurance.

What are the total current assets at the end of the week?
A. €90,000


B. €85,000


C. €80,000


Answers

Answered by kolasriram1978
0

Answer:

opition c

Explanation:

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