V36.5 The following is a summary of the receipts and payments of the Miniville Rotary Club dur- ing the year ended 31 July 20X9. Miniville Rotary Club Receipts and Payments Account for the year ended 31 July 20X9 Cash and bank balances b/d Secretarial expenses 210 163 Sales of competition tickeis Members' subscriptions 437 1,987 Rent 1,402 1.275 Visiting speakers' expenses Donations to charities Prizes for competitions Stationery and printing Donations Refund of rent 177 35 500 270 Balance c/d 13 3,324 179 3.324 The following valuations are also available: as at 31 July 20X8 20X9 Equipment (original cost 1,420) Subscriptions in arrears Subscriptions in advance Owing to suppliers of competition prizes Stocks of competition prizes 975 780 65 85 37 58 38 46 Required: (a) Calculate the value of the accumulated fund of the Miniville Rotary Club as at 1 August 20X8. (b) Reconstruct the following accounts for the year ended 31 July 20X9: the subseliptions account (ii) the competition prizes account. Cs Scahepare an income and expenditure account for the Miniville Ratary Club for the yeai ended nng July 20X9 and a balance sheet as at that date. CamScanher