The treasurer of the International Club submitted the following Receipts and Payments account to club members covering the year to 31 2002: Receipts and Payments Account for the year ended 31 December 2002 (1 Jan. 2002) 32,000 Insurance 45,000 Secr 28,000 Administration expenses 18,800 Payment for bar supplies 2.800 5,100 6200- 10,100 6,000 2,700 5,000- 5,000 Bar takings of Dance tickets Hire of hall and band Wages of bar staff Purchases of sports equipment Balance (31 Dec. 2002) 80,900 31/12/2001 12,000 13,000 1,700. 800- Subscriptions due Subscriptions in advance Sports Administration e 25,000 N/A N/A 13,000 nent To be calculated 400 1,000 8,200 s outstanding & Heating prepaid Creditors for Bar Supplies " The club depreciate the sports equipment at the rate of 10%. Of the lighting & heating, one quarter will be regarded as bar expenses . Required:- Prepare the Bar Trading account, Income & Expenditure account and the Balance Sheet for the yoar ended 31 Dec 2002