(a)[8]
Calculate the total amount received from members that is shown in the receipts and payments account for the year ended 31 December 2021.
(b)[6]
Prepare the subscriptions account covering the year ended 31 December 2021.
(c(i))[1]
Calculate the life membership fees to be included in the income and expenditure account for the year ended 31 December 2021.
(c(ii))[3]
Calculate the amount of the life membership fund to be shown in the statement of financial position on 31 December 2021.
(d)[2]
Suggest two income sources, other than subscriptions, that a club might receive.
(e)[5]
Advise the managing committee on whether they should open a junior section of the club or not. Justify your answer.