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- Total Accrued wages on June 30,2021 , amounted to $1,140, out of this total amount only $840 was for Accrued Bar wages on June 30, 2021. The Statement of Assets and Liabilities and the Receipts and Payment Summary have also been attached and you may view these documents below to confirm their consistency and accuracy. Financial Information for the financial year 2021 - The value of food and drink stock on June 30, 2021, was $4,320. - Bar Wages paid for bar staff of the year 2021 were $22,140 - Accounts payable (for electricity and gas) on June 30,2021 , amounted to $220. The balance owing at the start of the year was also for electricity and gas. - Depreciation expense to be added on assets is $7,500 for machinery, $7,700 for equipment $4,500 of which was for bar kitchen equipment), and $320 for furniture. - Kitchenware is not depreciated. Replacement of broken kitchenware is accounted for as an expense. - On June 30.2021 there were $1,035 subscriptions in arrears and $2,160 in advance. - Accrued Bar wages at the start of the year July 1 , 2020 , were $400 - Total Accrued wages on June 30, 2021, amounted to $1,140, out of this total amount only $840 was for Accrued Bar wages on June 30, 2021. Partnerships \& Not for Profit... Task 17 Prepare and finalise Bar Trading Statement Restaurant and Bar Trading Statement for the year ended June 302021 Task 18 Prepare the Statement of Income and Expenditure according to AASB and organisational requirements using the structure and format provided below. Task 19 Prepare Statement of Assets and Liabilities as at June 30, 2021 using the structure and format that complies with accounting standards and organisational requirements provided below. \begin{tabular}{|l|r|l|r|} \hline \multicolumn{3}{|c|}{ Summary of Recelipts and Payments for the year ended June 2021 } \\ \hline \multicolumn{2}{|l|}{} \\ \hline Subscription trom Members & 20,700 & Food and drinks & 10,480 \\ \hline Restaurant and bar income & 38,650 & Wages & 42,800 \\ \hline Games machines income & 15,040 & Rent & 12,000 \\ \hline Rent of auditorium & 6,200 & Electricity and Gas & 4,300 \\ \hline Court fees & 15,400 & Repairs & 3,400 \\ \hline Competition fees & 8,800 & Telephone and intemet & 3,000 \\ \hline & & Kncherware replacements & 120 \\ \hline & & Goneral expenses & 640 \\ \hline & & Furniture & 1,160 \\ \hline & & Bank Loan & 4,200 \\ \hline & & Interest on loan & 110 \\ \hline & & Trophies and other prizes & 1,400 \\ \hline & & & \\ \hline & 104,790 & TOTAL PAYMENTS & 83,610 \\ \hline \end{tabular} Prepare and finalise Bar Trading Statemen! Restaurant and Bar Trading Statement for the year ended June 302021 . Task 18 Prepare the Statement of Income and Expenditure according to AASB and organisational requirements using the structure and format provided below. Task 19 Prepare Statement of Assets and Liabilities as at June 30, 2021 using the structure and format that complies with accounting standards and organisational requirements provided below. Financial Information for the financial year 2021 - The value of food and drink stock on June 30, 2021, was $4,320. - Bar Wages paid for bar staff of the year 2021 were $22,140 - Accounts payable (for electricity and gas) on June 30,2021 , amounted to $220. The balance owing at the start of the year was also for electricity and gas. - Depreciation expense to be added on assets is $7,500 for machinery, $7,700 for equipment ($4,500 of which was for bar kitchen equipment), and $320 for furniture. - Kitchenware is not depreciated. Replacement of broken kitchenware is accounted for as an expense. - On June 30.2021 there were $1,035 subscriptions in arrears and $2,160 in advance. - Accrued Bar wages at the start of the year July 1 , 2020 , were $400 - Total Accrued wages on June 30, 2021, amounted to $1,140, out of this total amount only $840 was for Accrued Bar wages on June 30, 2021. - Total Accrued wages on June 30,2021 , amounted to $1,140, out of this total amount only $840 was for Accrued Bar wages on June 30, 2021. The Statement of Assets and Liabilities and the Receipts and Payment Summary have also been attached and you may view these documents below to confirm their consistency and accuracy. Financial Information for the financial year 2021 - The value of food and drink stock on June 30, 2021, was $4,320. - Bar Wages paid for bar staff of the year 2021 were $22,140 - Accounts payable (for electricity and gas) on June 30,2021 , amounted to $220. The balance owing at the start of the year was also for electricity and gas. - Depreciation expense to be added on assets is $7,500 for machinery, $7,700 for equipment $4,500 of which was for bar kitchen equipment), and $320 for furniture. - Kitchenware is not depreciated. Replacement of broken kitchenware is accounted for as an expense. - On June 30.2021 there were $1,035 subscriptions in arrears and $2,160 in advance. - Accrued Bar wages at the start of the year July 1 , 2020 , were $400 - Total Accrued wages on June 30, 2021, amounted to $1,140, out of this total amount only $840 was for Accrued Bar wages on June 30, 2021. Partnerships \& Not for Profit... Task 17 Prepare and finalise Bar Trading Statement Restaurant and Bar Trading Statement for the year ended June 302021 Task 18 Prepare the Statement of Income and Expenditure according to AASB and organisational requirements using the structure and format provided below. Task 19 Prepare Statement of Assets and Liabilities as at June 30, 2021 using the structure and format that complies with accounting standards and organisational requirements provided below. \begin{tabular}{|l|r|l|r|} \hline \multicolumn{3}{|c|}{ Summary of Recelipts and Payments for the year ended June 2021 } \\ \hline \multicolumn{2}{|l|}{} \\ \hline Subscription trom Members & 20,700 & Food and drinks & 10,480 \\ \hline Restaurant and bar income & 38,650 & Wages & 42,800 \\ \hline Games machines income & 15,040 & Rent & 12,000 \\ \hline Rent of auditorium & 6,200 & Electricity and Gas & 4,300 \\ \hline Court fees & 15,400 & Repairs & 3,400 \\ \hline Competition fees & 8,800 & Telephone and intemet & 3,000 \\ \hline & & Kncherware replacements & 120 \\ \hline & & Goneral expenses & 640 \\ \hline & & Furniture & 1,160 \\ \hline & & Bank Loan & 4,200 \\ \hline & & Interest on loan & 110 \\ \hline & & Trophies and other prizes & 1,400 \\ \hline & & & \\ \hline & 104,790 & TOTAL PAYMENTS & 83,610 \\ \hline \end{tabular} Prepare and finalise Bar Trading Statemen! Restaurant and Bar Trading Statement for the year ended June 302021 . Task 18 Prepare the Statement of Income and Expenditure according to AASB and organisational requirements using the structure and format provided below. Task 19 Prepare Statement of Assets and Liabilities as at June 30, 2021 using the structure and format that complies with accounting standards and organisational requirements provided below. Financial Information for the financial year 2021 - The value of food and drink stock on June 30, 2021, was $4,320. - Bar Wages paid for bar staff of the year 2021 were $22,140 - Accounts payable (for electricity and gas) on June 30,2021 , amounted to $220. The balance owing at the start of the year was also for electricity and gas. - Depreciation expense to be added on assets is $7,500 for machinery, $7,700 for equipment ($4,500 of which was for bar kitchen equipment), and $320 for furniture. - Kitchenware is not depreciated. Replacement of broken kitchenware is accounted for as an expense. - On June 30.2021 there were $1,035 subscriptions in arrears and $2,160 in advance. - Accrued Bar wages at the start of the year July 1 , 2020 , were $400 - Total Accrued wages on June 30, 2021, amounted to $1,140, out of this total amount only $840 was for Accrued Bar wages on June 30, 2021

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