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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

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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 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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