A company's statement of financial position appears as follows:

\begin{tabular}{lc}

Net assets (except bank) & $£$ \\

Bank & 15,000 \\

& $\underline{26,000}$ \\

Preference share capital & $\underline{\underline{51,000}}$ \\

Ordinary share capital & 10,000 \\

Non-distributable reserves & 20,000 \\

& $\underline{12,000}$ \\

Retained profits & $\underline{42,000}$ \\

& $\underline{91,000}$ \\

\hline

\end{tabular}

\section*{Required:}

(a) If $£ 12,000$ of the ordinary shares were purchased at par, there being no new issue of shares for the purpose, show the journal entries to record the transactions and the amended statement of financial position.

(b) If, instead of (a), $£ 12,000$ ordinary shares were purchased at a premium of $100 \%$, there being no new issue of shares for the purpose, show the journal entries to record the transactions and the amended statement of financial position.