Accounts Payable - Bar Account Income and Expenditure Statement Assets and Liabilities as at 30/6/14 $ $ Premises $400,000 Furniture $100,000 INCOME Accumulated Depreciation Furniture $25,000 Cash at Bank $6,000 Prepaid Expenses (Insurance) $1,000 $ Inventories - Bar $4,000 Inventories - Dining $3,000 Subscriptions in Arrears $2.500 Accounts Payable - Dinning Room Account Accounts Payable - Bar $7.200 Accounts Payable - Dining $3.600 EXPENDITURE Subscriptions in Advance $1.500 Accrued Expenses - Bar Wages $2.100 Cash Receipts (1/7/14 - 30/6/15) Cash Payments (17/14 - 30/6/15) Subscriptions $120,400 Accounts Payable - Bar $133,400 Bar Takings $290,000 Accounts Payable - Dining $71,200 0 Dining Room Takings $210,000 Wages - Bar $91,000 Guest Fees $12,500 Wages - Dining $72,000 $632,900 Cleaning Costs $23,300 Subscriptions Account Insurance $14,400 General Expenses $45,500 Powe $12,500 $463,300 Additional Information as at 30/6/15 Prepaid Expenses (Insurance) $2,300 subscriptions in Arrears $3.500 $ S Subscriptions in Advance $2.300 Balance Sheet Accrued Expenses (Bar Wages) $3.300 Depreciation Furniture $10,000 Bar Trading, Income & Expenditure Account $ $ Closing Inventory - Bar $5,000 ASSETS Closing Inventory - Dining $2,500 Current Assets Accounts Payable - Bar $5.400 Arrmints Pavahie - nininn You are required to:" . Calculate the Accumulated Fund as at 30/6/14 . Prepare the following accounts:- 0 1. Accounts Payable - Bar A/c 2. Accounts Payable - Dining Room A/c 3. Subscriptions A/c Dinning Room Trading, Income & Expenditure Account 4. Bar Trading, Income and Expenditure A/c (can be presented in statement format . Prepare the Income and Expenditure Statement for year ended 30/6/15 . Prepare the classified Balance Sheet (Statement of Assets and Liabilities) as at 30/6/15 0