Scribd Logo
Upload

Welcome to Scribd!

  • 5 views

    Non-profi making organization格式

    Uploaded by

    iamfine253
    1) The Easton Sports Club restaurant had sales of £18,200 and a profit of £760 for the year ended 31 December 2013 after accounting for costs of goods sold and staff wages. 2) For the full Easton Sports Club, total income was £117,520 which exceeded total expenditures of £107,520, resulting in an overall surplus of £10,000. 3) The Hessle Social Club had total assets of £162,830 as of 31 August 2013, consisting mainly of fixed assets of £55,850 and current assets of £106,980, financed by an accumulated fund of £96,620 and a surplus of £66,210.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Non-profi making organization格式

    Uploaded by

    iamfine253
    5 views2 pages
    1) The Easton Sports Club restaurant had sales of £18,200 and a profit of £760 for the year ended 31 December 2013 after accounting for costs of goods sold and staff wages. 2) For the full Easton Sports Club, total income was £117,520 which exceeded total expenditures of £107,520, resulting in an overall surplus of £10,000. 3) The Hessle Social Club had total assets of £162,830 as of 31 August 2013, consisting mainly of fixed assets of £55,850 and current assets of £106,980, financed by an accumulated fund of £96,620 and a surplus of £66,210.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    1) The Easton Sports Club restaurant had sales of £18,200 and a profit of £760 for the year ended 31 December 2013 after accounting for costs of goods sold and staff wages. 2) For the full Easton Sports Club, total income was £117,520 which exceeded total expenditures of £107,520, resulting in an overall surplus of £10,000. 3) The Hessle Social Club had total assets of £162,830 as of 31 August 2013, consisting mainly of fixed assets of £55,850 and current assets of £106,980, financed by an accumulated fund of £96,620 and a surplus of £66,210.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    5 views2 pages

    Non-profi making organization格式

    Uploaded by

    iamfine253
    1) The Easton Sports Club restaurant had sales of £18,200 and a profit of £760 for the year ended 31 December 2013 after accounting for costs of goods sold and staff wages. 2) For the full Easton Sports Club, total income was £117,520 which exceeded total expenditures of £107,520, resulting in an overall surplus of £10,000. 3) The Hessle Social Club had total assets of £162,830 as of 31 August 2013, consisting mainly of fixed assets of £55,850 and current assets of £106,980, financed by an accumulated fund of £96,620 and a surplus of £66,210.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 2

    Easton Sports Club

    Restaurant Account for the year ended 31 December 2013

    ￡ ￡

    Sales 18,200
    Less : Cost of good sold
    Opening stock 560
    Add : Purchases (10400-1240+800) 9,960
    Less : Closing stock 1,080 9,440
    8,760
    Less : Restaurant staff wages 8,000
    Restaurant profit 760

    Easton Sports Club


    Income & Expenditure Account for the year ended 31 December 2013
    ￡ ￡
    Income
    Restaurant profit 760
    Subscriptions 116,760
    117,520
    Less : Expenditure
    Wages and salaries (72200-8000) 64,200
    Insurance 7,300
    Lighting and heating 2,860
    General expenses 16,200
    Bad debts 280
    Provision for depreciation :
    Office equipment 16,680 107,520
    Surplus of income over expenditure 10,000

    Subscriptions account
    ￡ ￡
    Bal.b/d 4,420 Bal.b/d 500
    Income & expenditure a/c 116,760 Bank 117,380
    Bal.c/d 600 Bad debts 280
    Bal.c/d 3,620
    121,780 121,780
    Hessle Social Club
    Restaurant Account for the year ended 31 August 2013
    Accumulated
    Cost NBV
    depreciation
    Fixed Assets ￡ ￡ ￡
    Office equipment 61,500 33,150 28,350
    Fixtures and fittings 170,000 142,500 27,500
    231,500 175,650 55,850
    Current Assets
    Stock 26,000
    Subscriptions in arrears 3,000
    Prepaid expenses - telephone 2,000
    Bank 79,990
    Cash 250
    111,240
    Less : Current Liabilities
    Subscriptions in advance 2,400
    Rent and rates accrued 1,860 4,260 106,980
    162,830

    Financed by
    Accumulated fund 96,620
    Add : Surplus of income over expenditure 66,210
    162,830

    Receipts and Payments


    ￡ ￡
    Bal.b/d 8,420 Purchases of refreshments 10,400
    Sales of refreshments 18,200 Wages and salaries 72,200
    Subscriptions(4140+112640+600) 117,380 Insurance 7,300
    Donations 2,000 Light and heat 2,860
    General expenses 16,200
    New equipment 36,200
    Bal.c/d 840
    146,000 146,000

    You might also like