On 1 June 20-6 the Woodside Sports Club had the following assets and liabilities: equipment £450, cash in hand £173, cash at bank £1,690, rent due but unpaid £75.

During the year receipts and payments were as follows:

Subscriptions: 96 full members, each paying 65 34 part-time members, each paying 35 Fees received for competitions 492 Insurance 385 Lighting and heating 1,463 General expenses 472 Rent paid 1,296 Prizes for competitions 284 Deposit paid on new equipment costing £690 150

£
On 31 May 20-7 Insurance was prepaid 35 Rent owing was 108 Cash in hand 96 There was an unpaid bill for general expenses 152 You are required to:
(i) Prepare a receipts and payments account for the year ending 31 May 20-7.
(ii) Prepare an income and expenditure account for the year ending 31 May 20-7.
(hi) Prepare a balance sheet as at 31 May 20-7.
Show clearly how you have dealt with the adjustments.
Full and part-time members are listed and accounted for quite separately.