ElegantDress Club has the following income and expenditure account for the year ended 31 December 2020:

Income RM Expenditure RM Members' subscription fees 8,000 Postage: 600 Members = RM440 Non-members = RM160 Interest from fixed deposits 3,500 Bank charges: 500 Members = RM350 Non-members = RM150 Sale of annual dinner tickets: 12,000 Costs of annual dinner: 10,000 Members = RM9,000 Members = RM8,300 Non-members = RM3,000 Non-members = RM1,700 Sale of club dresses to non- 11,000 Utilities and rates: 12,000 members Members = RM9,000 Non-members = RM3,000 Rental from tenant 72,000 Wages and salaries 30,000 Fees charged to non-members 3,000 Photocopying: 500 for dress design classes Members = RM450 Non-members = RM50 Depreciation 30,000 Excess of income over 25,900 expenditure Total 109,500 Total 109.500