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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
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.
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Further information:
(i) At 1.1.2016 equipment was valued at £6,000.
(ii) Depreciate all equipment 10 per cent for the year 2016.
(iii) At 31.12.2016 rent paid in advance was £1,200.
(iv) At 31.12.2016 there was £80 owing for printing.
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Q
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