b) The following information was extracted from the books of Muscle Flex Sports Club for the year ended 31 December, 2017. Balances as at: 1 January 31 December Shs '000 Shs '000 Ordinary subscription in arrears 45,000 50,000 Ordinary subscription received in advance 25,500 28,000 Owing to suppliers of fundraising items 12,000 16,500 Owing to Ivory Hotel (venue for fundraising) 2,500 Additional information: 1. The following transactions were recorded in the receipts and payments account for the year ended 31 December, 2017. Shs '000 Fundraising dinner income 65,000 Fundraising dinner expenses 25,000 Ordinary subscription income 80,000 Life subscription 25,000 Life subscription is recognised over a period of 10 years. Required: Prepare for Muscle Flex Sports Club for the year ended 31 December, 2017 the: (0) ordinary subscription account. (ii) life subscription account. 2