–&gtFollowing balances are related to Neeclus sports clubNet

–>Following balances are related to Neeclus sports club:Net  book value ass at 01st January 2016Buildings 110,000Furniture & fittings:30,500sports items:19,000Accrued expenses as at 31st December 2016:1,000Bank favorable balance as  at 31st December 2016: 9,000December for  the  year  ended 31st  December 2016: 5,400Deficit for  year ended  31st December 2016: 5,000No Property, Plant & Equipment has been acquired or disposed during the year.What is the balance of the Accumulated Fund Account as at 31st December 2016?

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