Lucy Had the Following Balances on Her Trial Balance at 30

Multiple Choice

Lucy had the following balances on her trial balance at 30 June 2024: Trade receivables of £21,000, inventories of £34,500, balance at bank of £2,020, accruals of £1,200, loan of £11,000 repayable on 31 March 2025, and motor vehicles with a value of £30,000. What is the value of Lucy's non-current assets and current assets at 30 June 2024?

A) Non-current assets of £30,000 and current assets of £36,520.
B) Non-current assets of £nil and current assets of £58,720.
C) Non-current assets of £nil and current assets of £57,520.
D) Non-current assets of £30,000 and current assets of £57,520.