Subfield Theorem Proof

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Lemma. Let K be a field. A subset L of K is a subfield if and only if the following conditions are satisfied:

(a) $0 \in L$ and $1 \in L$;

(b) if $x \in L$ and $y \in L$ then $x + y \in $L and $xy \in L$;

(c) if $x \in L$ then $−x \in L$;

(d) if $x \in L$ \ {$0$} then $x^{−1} \in L$.

How do I go about proving this? I'm aware that this is a biconditional and that the proof strategy is of the form $P \rightarrow Q$ and $Q \rightarrow P$.

Why does showing L satisfy the above imply it is a field?

Thanks - greatly appreciated.