Accounting Essay

 Accounting Essay

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The IIHF founded in May 15, 1908 in Rome, France, is usually governing body system of the intercontinental ice dance shoes and inline hockey. The IIHF features 72 member associations, every of which is definitely the national governing body from the sport in its nation. Besides controlling the intercontinental rulebook, processing international player transfers, and dictating officiation guidelines, the IIHF operates numerous creation programs made to bring hockey to a larger population. Besides the world competition, the IIHF also runs a set of Euro club competitions. In 08, the IIHF celebrated the 100 year anniversary, honouring it with a most focused new tasks including identifying the 100 years all legend team.

Q1: what are the clubs main sources of income?

The clubs primary sources of incomes are the sign up fees that cost R400 per gamer that subscribes as well as the service fees that we charge per annum depending on the age group the fact that players include the advanced and elderly players spend R2800 per year, the underneath 12 players that spend R2200 each year and the trial players that can come on a Sunday early morning and pay R50 per session that includes a stay and motorcycle helmet that they receive before that they start their practice

Q2: what are the clubs primary sources of expenses?

The night clubs main sources of expenditure is the payment with the ice rink for letting for our practices upon Sunday days as well as the incomes and wages of our coaches and managers, the affiliation fees, refreshments, repairs towards the kits as well as new equipment for our trainers etc . as well as the video games on Wednesday nights and games as well as the national and international online games that have approved. Our other sources of spending would be the getting of new surfaces for the players so they can use even as are shortly starting the western province trials and also later back in the southern region African group trials.

Q3: what ledger accounts are you employing in your program in order to record these incomes and...


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