1 The following trial balance of the Shire Golf Club was extracted from the books as on 31 December 2003: Notes : ( i ) Bar purchases and sales were on a cash basis. Bar stocks at 31 December 2003...

1

The following trial balance of the Shire Golf Club was extracted from the books as on

31 December 2003:

Notes

:

(i
) Bar purchases and sales were on a cash basis. Bar stocks at 31 December 2003 were valued at

£6,410.

(ii
) Subscriptions paid in advance by members at 31 December 2003 amounted to £1,870.

(iii
) Provide for depreciation of equipment £2,400.

You are required to:

(a) Draw up the bar trading account for the year ending 31 December 2003.

(b) Draw up the income and expenditure account for the year ending 31 December 2003, and a

balance sheet as at 31 December 2003.