Cooksister Gossip Club The financial statements for Cooksister Gossip Club were prepared from the following information: 2003 R120 000 R25 000 2002 R100 000 R25 000 R140 000 - R2 500 R2 350 ? R20 000 R146 780 R16 000 R570 R480 Details Land and buildings Furniture - Net value Investment Membership fees - Accrued income Bank Accumulated funds (opening balance) Telephone - Accrued expense Stationery - Prepaid expense Membership fees Interest received on bank account Electricity and water Refreshments Salaries and wages Stationery Telephone Depreciation Levies R191 478 R183 569 R12 R13 R1 920 R1 860 R6 500 R4 550 R36 000 R35, 550 R200 R550 R9 000 R7 992 R2 500 R2 500 R150 R150 The club is not registered for VAT. Source: De Villiers, C. 2019. Required Prepare the Statement of Receipts and Payments for Cooksister Gossip Club for the year- ended 31 December 2003. (17 Marks)