1 A summary of the Balgreen Bowling Club's cash book is shown below. From it, and the addi­tional information, you are to construct an income and expenditure account for the year ending 31 December...

1
A summary of the Balgreen Bowling Club's cash book is shown below. From it, and the addi­tional information, you are to construct an income and expenditure account for the year ending 31 December 2016, and a statement of financial position as at that date.
Cash Book Summary

£
Balance at 1.1.2016	5,600	Purchase of equipment	1,200
Collections at matches	17,200	Rent for green	4,800
Profit on sale of refreshments	22,000	Printing and stationery	200
Secretary's expenses	320
Repairs to equipment	280
Groundsman's wages	16,000
Miscellaneous expenses	240
Balance at 31.12.2016	21,760
44,800	44,800