A club’s financial year finishes on 30 September. In the year ending 30 September 2022, the club obtained an interest-free loan from one of its members. In which of the club’s financial statements would this be shown?
- Aincome and expenditure account and statement of financial position
- Breceipts and payments account and income and expenditure account
- Creceipts and payments account and statement of financial position
- Dstatement of financial position only