Study the information given below and wwer the questions that follows: West Youth Club Balance Sheets at 31 December 2017 Assets 5 5 Liabilities Cash at Bank 3,500 Wages due Subscription due 150 Subscriptions in advance Prepaid electricity 120 Electricity due Inventories. Refreshments 250 Accumulated fund Equipment (Cost) 3.000 Less accumulated depreciation 900 2100 800 120 150 4,850 56,120 56,120 The following is a summary of receipts and payments for West Youth Club for the year ended 31 December 2018 5 Receipts Sascriptions Donations Sale of refreshments Entrance fees 3.500 2.500 1,500 Payments Delivery expenses Insurance Electricity Postage and Stationery Telephone Purchases - refreshments Waves Social expenses Nine of Hall Hire of Equipement 5 150 1.500 500 150 180 500 1.200 1,150 1.000 500 Total Receipts $12,000 Total Payments SNSD Additional Information - 31/12/18 1. Susitions due 5135 2. Subscriptions in advance ISO 1. Wages due $500 4. Electricity peopold 5210 5. Inventories $130 6. Depreciation - 10% cost-quipment ACC606Sem Public Sector Accounting Semester 2, 2019 Page 4 of 6 Required: Using the above information prepare the following #) Subscription account for the year ended 31/12/18 b) Sulement of receipts and payments for the year ended 31/12/18 c) Statement of Income and expenditure for the year ended 31/12/18 d) Statement of Arts and liabilities at 31/12/18 mark 16 mark (6)