The company's yearend is 31 December 20X3. Prepare ledger accounts for the following accounts showing the adjustments that are necessary for the year-end accruals and prepayments and the balances that would appear in the financial statements.

a. The opening accrual for heat and light was £100. The company paid £4,500 in the year. The last payment was in December for the period 1 September to the 30 November. This amounted to £1,500.

b. The inventory of toiletries on 1 January 20X3 was £250. An additional £580 was purchased in the year. At the year end there were 10 packets of toilet rolls left costing £20 each.

c. The rates bill paid last year was £1,200. It was accounted for correctly using the accruals concept. The rates bill paid this year in April amounted to £1,800 (rates bills cover the period 1 April to 31 March in the next year).

d. In December 20X2 our tenant paid us £1,200 for the period 1 December to 28 February. During the year we received another £5,000, including £1,500 in December for the three months to 29 February 20X4.

e. At the start of the year an agent for a product owed us £400 commission for sales targets we met last year. This year we made the target sales again. They paid us £6,000 but still owe us £900 at the year end.