Question 3: The following trial balance of The Shire Golf Club was extracted from the books as on31 December 20X3: DEBIT CREDIT 142000 DESCRIPTION Clubhouse Equipment Profits from raffles Subscriptions received Wages of bar staff Bar stock 1 january 2003 Bar purchases and sales Greenkeepers wages Golf professionals salary General expenses Cash at bank Accumulated fund at 1st January 2003 18600 29200 9400 41300 21500 37000 910 3924 303834 6508 183400 84600 29326 303834 Notes: a) Bar purchases and sales were on cash basis. Bar stocks at 31 december 2003 were valued at 6410. b) Subscriptions paid in advance by members at 31 december 2003 amounted at 1870. c) Provided for depreciation 2400. Required: 1. Draw up the bar trading accounting for the year ended 31 december 2003. 2. Draw up the income and expenditure account for the year ended 31 december 2003 and a balance sheet as at 31 December 2003.