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5) The following is the Receipts and Payments Account of Hope Social Club for the ended 31 March 2011 Receipts and Payments Account GHC GHC
5) The following is the Receipts and Payments Account of Hope Social Club for the ended 31 March 2011 Receipts and Payments Account GHC GHC 375 1600 Balance b/f Subscriptions Donations Bar takings 13470 48490 16000 32500 15000 Stationery Transportation Sporting equipment Bar supplies Rent General expenses Barman's wages Balance c/f 20800 6400 1920 5500 58865 110460 31/3/2011 GHC 2250 110460 Additional information: 1/4/2010 GHC Bar stock 1700 Bar supplies 800 Subscriptions in arrears 7150 Subscriptions in advance 1350 Rent accrued 3000 Depreciate equipment by 20% on cost. 1600 5220 540 2000 You are required to prepare for the year ended 31 March 2011. a) Bar trading Account O FA Rent accrued 3000 Depreciate equipment by 20% on cost. You are required to prepare for the year ended 31 March 2011. a) Bar trading Account b) Income and Expenditure Account c) Balance Sheet
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