Club Accounts - Accumulated Fund entries

Question 1

Assets [9]

Answer 1

Bank (if debit)
Clubhouse and Course/Land
Equipment
Bar Stock
Bar Debtors
Subscriptions due
Investment Interest due
x% investments
Levies due

Question 2

Liabilities [9]

Answer 2

Bank (if credit)
Bar Creditors
Life membership
Levy reserve fund
Wages due
Loan
Loan interest due
Subscriptions prepaid
Expenses due