GUGUGAGA CLUB has provided following details: Balance of assets and liabilities as at: 30 September 2019 (RM) 30 September 2020 (RM) Fittings (Cost: RM12,000) 10,000 11,000 Equipment (Cost) 10,000 Clubhouse building (Cost) 100,000 100,000 Subscription in arrears 3,000 2,200 Subscription in advance 1,500 800 Bakery receivables 4,000 1,200 Bakery Inventories 2,500 2,000 Wages & salaries owing 800 1,500 Prepaid utilities 1.000 200 Details of receipts and payment during the year ended 30 September 2020: Bank A/C RM RM Balance bid 20,000 Bakery purchases 6,500 Subscription 33,000 Fittings 2,500 Bakery sales 4,000 Equipment 10,000 Bakery receivables 20,000 Annual charity expense 3,000 LAUGHING event tickets 5,000 LAUGHING event expense 2.800 Wages & salaries 7,000 Utilities 3,500 Equipment maintenance 2,000 Stationeries expense 400 Additional information: 1. Return inwards from customers were RM900 and discount allowed to receivables were RM500. il. 40% of the yearly wages and salaries is for bakery. ili. Equipment above was acquired on 1 January 2020. Equipment are depreciated at 20% per annum on straight line method. Required: a. Show workings for total bakery sales, subscription, wages and salaries expenses, utilities expense and depreciation expenses for the year ended 30 September 2020 b. Prepare Bakery Trading & Profit or Loss statement for the year ended 30 September 2020 (8 marks) C. Prepare Income and Expenditure statement for the year ended 30 September 2020 d. Briefly explain the reason for subscription account to be adjusted. e. Differentiate capital expenditure and revenue expenditure by providing relevant explanation and illustration based on the question above