From the following information given in the Receipts and Payments Account, show relevant in the Income & Expenditure Account for the year ending 31.03.2010 and Balance Sheet on the above date of Ryan and Randy Entertainment Club. RECEIPTS AND PAYMENTS ACCOUNT for the year ended March 31st, 2010 Receipts $ To Subscriptions: 2008-09 $4,500 2009-10 $15,000 2010-11 $500 20,000 Payments $ Additional Information: On 1.4.2008 the club had 200 members, each paying an annual subscription of $ 100.Out of 50 members, who had not paid annual subscription during 2008-09, 45 cleared their arrears in 2009-10 and arrears of the remaining 5 members who left the club on 1st April 2010 were treated as irrecoverable.