ABC Ltd issued a prospectus offering $100000$ ordinary shares at a price of $$2\mathrm{.}50$ each, payable $$1\mathrm{.}50$ on application and $$0\mathrm{.}70$c on application and $$0\mathrm{.}30$c on a first and final call. The company received applications for $110000$ shares.Which of the following entries correctly records these events?Question $9$ Answera.Dr Bank Trust $$150000$Cr Application $$150000$b$.$Dr Bank Trust $$250000$Cr Application $$250000$c$.$Dr Bank Trust $$165000$Cr Application $$165000$d$.$Dr Bank Trust $$275000$Cr Application $$275000$e$.$None of the above