On 1 November 20-6 the Lawnswood Tennis Club had the following assets and liabilities: club premises £45,500, equipment £12,750, bar stock £980, bank balance £5,220, cash £326, creditor for bar supplies £450.

The following receipts and payments were made during the year ended 31 October 20-7:

£

Subscriptions: 98 full-time members, each paying 250 45 part-time members, each paying 125 Travelling expenses to away matches 1,454 Payments to suppliers for bar purchases 8,428 Lighting and heating 2,962 Payment of league entry fees 545 Rent received from private functions 1,485 General expenses 3,835 Rates 3,180 Insurance premium 2,472 Bar staff wages 5,950 Purchase of new equipment 5,790 Stationery and postage 508 Bar sales 16,592 On 31 October 20-7 the following information was available:

(i) Rent of £395 was owing to the club for private functions

(ii) Insurance prepaid was £1,854

(hi) There was a stock of stationery valued at £96 and a stock of drinks valued at £1,080; there were no bar creditors You are required to:

(a) Prepare a bar trading account for the year ended 31 October 20-7.

(b) Prepare a receipts and payments account for the year ended 31 October 20-7.

(c) Prepare an income and expenditure account for the year ended 31 October 20-7.
Note: A balance sheet is NOTrequired.
Clearly show how you have dealt with the adjustments.
Full and part-time members are listed and accounted for separately.