Question 2: The treasurer of Kelab Remaja has prepared a receipts and payments list for the year ended 30 April 2019 as follows: Receipts Payments Subscription 31,700 Bar purchases 198,000 RM RM 8.400 Bar receipts Life membership fee Donation Interest received Entrance fees 240,000 2,800 3,200 1,200 600 Rental and quit rent Telephone Water and electricity Postage and stationery Wages and salaries Fertilisers and seed Sundry expenses 800 3,600 1,800 55,800 1.400 4,700 The following information is relevant: 1. Balances for outstanding amounts and prepayments: 30 April 2018 30 April 2019 RM RM Bar inventories 4,140 3,560 Subscription outstanding 1,500 1,800 Rent not yet paid 900 600 Prepaid quit rent 300 360 Bar suppliers outstanding 2,500 4,100 Bank account balance 25,500 2 Petty cash balance 700 300 2 Petty cash is used for travelling claims by committee members only 3 Entrance fee to be treated as capital receipt. 4. On 30 April 2019, the net book value of fixture and fittings was RM9,000 and equipment RM6,700 5 Depreciation is charged at a rate of 10% on fixture and fittings, and 20% on equipment on the reducing balance method. Required: (a) Bar Trading Account (b) Income and expenditure Account for the year ended 30 April 2019