tractos Capital No preparation Question 2 (20 marks) Accountant of Best Man Club prepare the following Receipts and payments accounts for the year ended 31 December 2017 GHS hand 1/1/2017 bank 1/1/2017 RECEIPTS AND PAYMENTS ption 15000 Rent of bar 7000 Wags of bar attendants GHS 2800 kings 8000 Painting of Courts 900 s from drinks on bank account utions 1100 General expenses 12000 Payment to bar supplies 47000 Purchase of hand ball equipment 400 23600 28700 1200 1600 Cash in hand 31/12/2012 21000 Cash at bank 31/12/2012 13100 91700 91700. tional Information lated fund of the club as at 1 January 2017 amounted to GHS 31,150. et and Liabilities were as follows: January 1, 2017 December 31, 2017 GHS inventories Supplies bscription ubscription in arrears GHS 18000 10800 1100 3050 Required: a. Statement of Accumulated Fund for the Club (5 marks) b. Bar Trading Account (5marks) c. Income and Expenditure (5 marks) d. Statement of Financial Position (5marks) 23000 13500 980 2300