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The Happyville Social Club's Constitution requires it to prepare annual financial statements and present them to members at the Annual General Meeting. Using the following

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The Happyville Social Club's Constitution requires it to prepare annual financial statements and present them to members at the Annual General Meeting. Using the following information provided by the Happyville Social Club, you are required to complete the following tasks in line with the organisation's and accepted industry policies and procedures: a) Calculate credit bar purchases b) Calculate the bar wages expense c) Prepare a Bar Trading Statement (to calculate surplus or deficit from bar trading) d) Calculate subscription income e) Calculate rent expense f) Prepare a Statement of Income & Expenditure for the year ended 30th June 2021 g) Prepare a Trial Balance at 14 July 2020 (to calculate Accumulated Funds at July 1 2020) h) Prepare a Statement of Receipts and Payments for the year ended 30th June 2021 i) Prepare a Classified Statement of Assets & Liabilities as at Rath luna 0991 oos'90$ pied ques 152jaju ueo Yueg sadem jeg oos'obs 000'Or 006z 000's 008 OOS'T 0zI 006 000'9 000ZT sdeo S ue queinsuj auoydala a qeled sunoge oz szuawed saseypund jeg Squawkod 4509 ooe's 000os 000TT Wooj uopouny joa! sajes jeg suogduosqns sydigay yspy S TZOZ aunty.oe papua bak ayjof szuawhod pup sdyosu ysby 30 June 2021 Assets & Liabilities as at Bank Bar inventory Subscription in arrears Subscription in advance Bar equipment-at cost Accumulated depreciation - bar equipment Bank Loan (Due 30/6/17). Accounts payable (bar) Accrued bar wages Prepaid rent expense 1 July 2020 15,000 2,600 220 800 35,000 5,000 16,000 1,000 ? 2,400 880 270 35,000 6,000 16,000 2,000 100 500 0 0

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