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Please help with question 14 urgently SSIGNMENT O continued Amount to be disclosed to b comprehensive income for the year FAC1502/01/32020 e pro 3 December
Please help with question 14 urgently
SSIGNMENT O continued Amount to be disclosed to b comprehensive income for the year FAC1502/01/32020 e pro 3 December 20.87 en profit or loss and other (1) R79 300 (2) R78 000 (3) RB1 150 14) R69 900 (5) R78 060 use the information provided below for a nie chce for the financial yes March 20.8, to answer questions 14 and 15 DE ADJUSTMENT TRIAL BALANCE AS AT 31 MARCH 20.8 eing Club for the financial year ended 12 540 Accumulated fund... Membership fees received Membership fees in arrears - 1 April 20 7 Membership fees prepaid-1 April 207 5 000 3 500 56 040 Additional information (a) Entrance fee and donations received must be capitalized b) Membership fees: R2 500 R2 000 In arrears at 31 March 20.8 Received in advance at 31 March 20.8............................ c) Flve new members joined the club during the year. Each new member paid entrance fee of R200 and this entrance fee was included in membership fees received Half of the membership fees that were in arrears on 1 April 20.7, must be written off as irrecoverable. (d) 10) Canoeing Club has a deficit of Ro 300 for the year ended 31 March 20.8. 14. Amount to be disclosed as membership fees in the income and expenditure statement for the year ended 31 March 20.8? (1) R37 500 (2) R33 500 (3) R34 500 (4) R28 500 (5) R31 500Step by Step Solution
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