(a)[5]
Prepare the café trading account for the year ended 31 December 2019, making the closing café inventory obvious.
(b)[8]
Prepare the receipts and payments account covering the year ended 31 December 2019.
(c)[2]
State two contrasts between an income and expenditure account and a receipts and payments account.
(d(i))[4]
Explain the suitable accounting treatment for the donation intended to support the club’s general running in future years.
(d(ii))[3]
Explain the suitable accounting treatment for the donation intended to pay for a swimming pool a few years from now.
(e)[3]
Advise the committee whether the proposed distribution ought to be made or not. Justify your response.