The receipts and payments account of Bloom Wanderers Football Club for the year ended 30 June 2021 was as follows. $ $ Balance b/d 4,743 Match expenses 3,680 Subscriptions 7,000 New kits and equipment 4,656 Sale of old kits and equipment 1,008 General expenses 6,913 Match day revenue 1,333 Purchase of refreshments 2,078 Donation income 740 Groundsmans wages 1,940 Sale of refreshments 6,934 Balance c/d 2,491 21,758 21,758 Additional information: 1 July 2020 30 June 2021 $ $ Subscriptions paid in advance 220 540 Subscriptions in arrears 240 160 Inventory of refreshments 230 310 Refreshment suppliers 1,034 1,140 Kits and equipment at valuation 5,000 8,104 The kits and equipment sold during the year were valued at $1,230 on 1 July 2020. Statement of Financial Position as at 30 June 2021