Club Accounts - Income & Expenditure A/C Entries

Question 1

Income [9]

Answer 1

Bar Profit
Subscriptions
Catering Profit
Entrance Fees
Sponsorship
Life Membership W/O
Investment Interest
Competition Profit
Annual Grant

Question 2

Expenditure [6]

Answer 2

General Expenses
Loan interest
Bad Debt
Depreciation on machinery
Depreciation on equipment
Depreciation on clubhouse/course/buildings