BMC Ltd has 100,000 ordinary shares issued at $5 and paid to $4 on 30 June 2021. Please prepare journal entries for the following transactions incurred during the year ended 30 June 20 22. Please show all calculations:

01 Jul 2021 A call of $1 was made for the 100,000 ordinary shares.

31 Jul 2021 All call money was received except for 1,000 shares.

01 Aug 2021 The company forfeited the 1,000 shares on which calls were unpaid. According to the company's constitution, the fund previously received from the forfeited shares will not be returned.

05 Aug 2021 The company reissued the forfeited shares as fully paid to $5 on payment of $4.50 per share $700 reissue transaction fees were paid on this day.

BMC Ltd has 100,000 ordinary shares issued at $5 and paid to $4 on 30 June 2021. Please prepare journal entries for the following transactions incurred during the year ended 30 June 2022 . Please show all calions. 01 Jul 2021 A call of $1 was made for the 100,000 ordinary shares. 31 Jul 2021 All call money was received except for 1,000 shares. 05 Aug 2021 The company reissued the forfeited shares as fully paid to $5 on payment of $4.50 per share. $700 reissue transaction fees were paid on this day. (20 marks)