1. Jen Technology Berhad have an authorized share capital of RM1,000,000 and are issuing 800,000 of shares with RM1 per unit. 700,000 units of the shares are called up, and only 90% of the total called up capital has been paid up by the shareholders. Required: a) Construct a figures indicating the list of terms in connection with the share capital by referring to the case above. b) Explain each terms mentioned in (a) and relate the amount mentioned in the case above. 2. a. Briefly explain the following terms: Share premium Issue at discount (Total: 10) (4) b. The shares are issued at a premium of 25 sen. The company would have received RM22,500,000 of which RM20,000,000 is for the nominal value and RM2,500,000 for share premium. Prepare the journal entry and extract of financial position for the above transactions. (6) (Total: 10)