At the beginning of 2016, the statement of financial position of Emerald Berhad is as follows: RM Assets Cash 325,000 Other assets 536,000 861,000 Shareholders' Equity Ordinary share capital, 200,000 authorised, 80,000 issued 4% Preference share capital Retained earnings 400,000 50,000 326,000 Liabilities Other liabilities 67,000 Ordinary dividend payable 18,000 861,000 The following transactions occurred during the 2016 but have not been recorded: January 20 Paid dividend payable to ordinary shareholders. March 8 Paid interim cash dividend of RM0.40 per share for ordinary shareholders. November 15 Issued right issues of one for every eight ordinary shares held at RM5 per share. December 26 Declared a cash dividend of RM0.15 per share to ordinary shareholders, pending for approval in the forthcoming AGM. December 20 Paid preference dividend. December 31 Issued 10% four-year bonds payable with a RM400,000 par value at the price of RM440,647. The bonds pay annually on 31 December each year. The current market interest rate is 7%. Required: a. Journalise the above transactions. b. Prepare the statement of financial position as at December 31, 2016