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Question 9.10. REQUIRED Prepare the statement of receipts and payments of Maynard Cycle Club (NPO) for the year ended 31 December 2018 INFORMATION 1. Membership fees Existing members Membership fees per member per annurn, R100 New members New members who joined the club before 30 June 20.18, R100 per annum. New members who joined the club after 30 June 2018, RSO per annum. 60 existing members paid their membership fees and 5 members had not paid their membership fees for 20.12. 10 new members joined the club before 30 June 20.18 and paid their membership fees. S new members joined the club after 30 June 20.18 and paid their membership fees. 8 members paid their 20.19 membership fees in 2018. 3 members, whose membership fees were outstanding for 20.17 paid their membership fees in 20.18. . 3 Entrance fees For all members the entrance fee is R150 per annum. Balances on 1 January 20.18 Petty cash account Savings account Bank statement credit balance 80 820 300 R Summary of cash transactions for the year ended 31 December 20.18 Date 4 Cycle trail renovations paid 5 Refreshments purchases 10 Refreshments sold 15 Cycle parts purchased 15 Cycle Parts sold 20 Paid creditors 21 Annual Christmas party tickets sold 21 Christmas party expenses 22 Cycle Jerseys - purchases 23 Wages paid 23 Paid club secretary 30 Bank charges, according to the bank statement 500 400 900 700 450 200 3 000 1800 1 200 600 1 000 80 Additional information 1 2 3 450 150 Outstanding wages Honorarium to the cycle coach was granted but not yet paid Balances on 31 December 2018: Petty cash Savings account (the balance included R190 interest) 80 4000