Business, 21.03.2021 14:00 hadilalhjajih
The cash transactions of the Beaven Club are given below for the year ended 30 December 2020:
Cash at the commencement of the year 4 500
Entrance fees received 18 300
Life membership subscription received 2 605
Lockers rent received 465
Subscription:
Received during the year 3 500
Arrears of the last year 2 360
This year advance 346
Printing and Stationary:
Paid during the year 2 160
Payable this year 94
Payable last year 312
Rent and Rates:
Paid during the year 370
Payable this year 230
Sports material purchased 348
Required
Prepare a receipt and payment account for the year ended on 30 December 2020
Answers: 2
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The cash transactions of the Beaven Club are given below for the year ended 30 December 2020:
Cash...
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