Dre QUESTION 2 The following trial balance of Noah Golf Club was extracted from the books as on 31 December 2011 Cr Clubhouse 210,000 Equipment 68,090 Profits from raffles 49,800 Subscriptions received 187,600 Wages of bar staff 28,090 Bar stocks 1 January 2011 17,640 Bar purchases and sales 116.580 179,730 Greenkeepers' wages 76,980 Golf Professional's salary 60,000 General expenses 5,800 Cash at bank 15,700 Accumulated fund at 1 January 2011 181.750 598,880 598,880 Notes: i. Bar purchases and sales were on a cash basis. Bar stocks at 31 December 2011 were valued at $9,890. ii. Subscriptions paid in advance by members at 31 December 2012 amounted to $1,800 iii. Provide for depreciation of equipment 7,600 You are required to: a. Draw up the bar trading account for the year ended 31 December 2011. b. Draw up the income and expenditure account for the year ended 31 December 2011 c. Statement of financial position as at that date