Question 1 Following are the details of Revision Club 1 January 2019 Clubhouse 500.000 Equipment 0 Vehicle (Cost: RM40.000) 36.000 Fumiture (Cost: RM10,000 9.000 Refreshment supplier 4,200 Refreshment receivables 8.000 Refreshment inventory 2.300 Subscription in arrears 800 Subscription in advance 300 Accrued salaries 8.000 Bank 18,500 31 December 2019 500.000 8.000 ? 7.000 3.750 7.300 2.050 1,560 500 7.000 2 Total receipts during the year 2019: Subscription fees received Refreshment receivables Refreshment sales Rental RM76.450 RM42.300 RM5,000 RM8.400 Total payments during the year 2019: Payment to refreshment suppliers RM24.600 Entertainment expense RM760 Furniture RM2.500 Maintenance fees RM15.320 Training expense RM14,800 Equipment RM8,000 Salaries RM42.000 Utilities RM7.200 Additional information: a. 1/3 of the salaries are for the restaurant b. Discount Allowed - RM 300. Discount received - RM500. Sales return - RM200. Purchase return - RM600 & Bad Debts - RM180 c. Equipment and vehicle are depreciated at 20% each per annum on cost. There was an equipment acquired on 1 July 2019 at 8,000 which was paid by cheque and recorded in the books of account Required: a. Show all relevant working b. Refreshment Trading account for the year ended 31 December 2016 C. Subscription account d Income and expenditure account for the year ended 31 December 2016