The Riding and Archery Club (RAC) is an archery and horse riding club operated in Bukit Ulu Temberang for more than 25 years. A summary of receipts and payments for the year ended 31 December 2020 is as follows. Receipts Annual fee RM Payment RM Entrance fee 75,600 Rent 4,500 Stationery 2,750 360 Gift & Souvenir sales 62,400 Insurance 6,000 Gift & souvenir creditors 21,645 Archery & horse magazine 274 Gift & souvenir purchases 1,350 Utility 3,456 Equipment 26,100 Salary for gift & souvenir staff 15,600 The RAC account balances for the year ended 31 December 2020 are as follows. 1 Jan 2020 31 Dec 2020 (RM) (RM) Bank 24,750 ? Gift & souvenir creditors 31,500 27,900 Building 240,000 240,000 Accumulated depreciation - Building 72,000 ? Horses 120,000 ? Equipment 54,000 ? Accumulated depreciation - Equipment 5,400 ? Gift & souvenir inventory 15,000 18,600 Accrued fee 765 360 Stationery 390 450 Accrued rent Prepaid Insurance 950 1,590 1800 2,000 Additional information: 1. The annual depreciation rate for all non-current assets is 10% of the cost. However, the club's policy set the horses are not depreciated. 2. The entrance fee is considered as revenue income. Required: For the Riding and Archery Club, prepare: a) Fee account (2 marks) b) Creditor's control account. (2 marks) c) Gift and Souvenirs Shop trading account for the year ended 31 December 2020. (4 marks) d) Income and Expenditure Statement for the year ended 31 December 2020. (7 marks) e) Determine accumulated fund at 31 December 2020. (5 marks)