ou are a. b. required to prepare: The Bar Trading, Profit & Loss Account for the year ended 31st December 2015; The Income and Expenditure Account for the year ended 31st December 2015; and The Statement of Financial Position as at 31st December 2015. (40 Marks) c. Question 2 The following information was obtained from the books of Adepa-Yena Fun Club for the year ended 31st December, 2015. GH GH Cash in hand 01/01/2015 4,500 Staff salaries 90,000 Balance at bank 01/01/2015 48,000 General repairs 42,000 Bar Sales 130,500 Bar suppliers 100,500 Members subscriptions 39,600 Other expenses 30,000 Donations 204,000 Insurance 6,000 Easter picnic 102,000 Salary Bar manager 8,000 Easter picnic expenses 54,000 Cash on hand 31/12/2015 8,600 Cash at bank 31/12/2015 189,500 528,600 528,600 Assets and liabilities were as follows: 31st Dec., 2015 20,800 68,400 Equipment Building Accrued Repairs Creditors (Bar Suppliers) Subscriptions (Accrued) Insurance prepaid 31st Dec., 2014 24,700 73,500 6,000 5,500 12,500 1,500 5,400 13,200 1,800