(a)[7]
Prepare the full subscriptions account for the year ended 31 December 2020.
(b)[7]
Prepare the income and expenditure account for year ended 31 December 2020.
(c)[5]
Advise the managing committee on whether the new policy on unpaid subscriptions ought to be continued. Justify your answer.
(d)[4]
Prepare the refreshments trading account for the year ended 31 December 2020, using sales as the balancing figure.
(e)[2]
State two reasons why a club or society might carry out a trading activity.