Question

4 Karachi Golf Club prepared the following Receipts and Payments Account for the year ended December 31, 2007 Additional information: 1. Non-current assets of the club on January 1, 2007 include the following: Club Ground- 50,000 Sports Equipment-15,500 Furniture-2,000 Investment-12,000 2. Subscription for 2007 collected in 2006 Rs. 500 3. Unpaid subscriptions for 2007 Rs. 300 4. Depreciation to be provided @ 5% p.a. on furniture and @ 20% p.a. on sports equipment

Answer 1

Answer:

Yes, friend what's your question?

Explanation:

please write it again.