Apple Ltd has the following equity balances at the end of June $2022.$Share Capital A$200,000$ shares issued at $$5$ paid to $$2\mathrm{.}00$Share Capital B$100,000$ shares fully paid@ $$3.$Total$$400,000300,000$$ $700,000$Prepare journal entries to account for the following transactions:$30$ Nov $2022$To assist with cash flow difficulties, the company issued a prospectus inviting offers for $70000$ options to acquire $\text{'}$A$\text{'}$ ordinary shares at an issue price of $$3$ per option, payable in full on application.Each option, exercisable on $31$ December $2017,$ allows the holder to acquire one $\text{'}$A$\text{'}$ ordinary share for $$4\mathrm{.}15$ Dec $2022$Offers had been received for $60000$ options and these were duly allottedThe holders of $40000$ options exercised their options and $40000\text{'}$A$\text{'}$ ordinary shares were allotted.The remaining options lapsed. All money was receivedCosts of issuing the shares, $$5000,$ were paid on $31$ January $2023$Jan $252023$The company makes a $1-$for$-7$ rights offer to its $\text{'}$B$\text{'}$ ordinary shareholders.The rights are renounceable and allow holders to obtain $\text{'}$B$\text{'}$ ordinary shares for $$2\mathrm{.}00$ per share, payable in full on applicationThe holders of $14,000\text{'}$B$\text{'}$ ordinary shares accept the rights offer by the expiry date.The shares are duly allotted and all money is received.SHOW ALL WORKINGS