The following trial balance of The Shire Golf Club was extracted from the books as on 31 December 2023:\begin{tabular}{|c|c|c|}\hline 2023: & Dr & Cr \\\hline & E & £ \\\hline Clubhouse & 142,000 & \\\hline Equipment & 18,600 & \\\hline Profits from raffles & & 6,508 \\\hline Subscriptions received & & \\\hline Wages of bar staff & 29,200 & \\\hline Bar stocks 1 January 2023 & 2,400 & \\\hline Bar purchases and sales & 41,300 & 84,600 \\\hline Greenkeepers' wages & 21,500 & \\\hline Golf professional's salary & 37,000 & \\\hline✓ General expenses & 910 & \\\hline Cash at bank & 3,924 & \\\hline Accumulated fund at 1 January 2023 & & 303,83429,326 \\\hline\end{tabular}ADDITIONAL NOTESi. Bar purchases and sales were on a cash basis. Bar stocks at 31 December 2023 were valued at i. £6,410.ii. Subscriptions paid in advance by members at 31 December 2023 amounted to £1,870.iii. Provide for depreciation of equipment £2,400.You are required to:(a) Draw up the bar trading account for the year ended 31 December 2023.(b) Draw up the income and expenditure account for the year ended 31 December 2023, and a balance sheet as at 31 December 2023. Get tutor help