Case 1a

On 1 January 2017, Alor Bhd had 1,000,000 outstanding ordinary shares which had been originally issued at a price of RM3.50 per share. During the year, the company engaged in the following treasury share transactions: Date Transaction 1 February 2017 Repurchased 10,000 units of its ordinary shares for RM3.30 per share. 3 March 2017 Reissued 6,000 units of the treasury share for RM3.50 per share. 5 May 2017 Reissued 3,000 shares of the treasury share for RM3.20 per share. 31 August 2017 Retired the remaining 1,000 units of treasury share. Required: Prepare journal entries to record the above transactions.

Case 1b (10 marks) During the financial year ended 31 December 2018, the following events occurred in Cempaka Berhad: 2018 28 Mar Annual general meeting approves the final dividend for 2018 of RM70,000. Cempaka Berhad pays the final dividend to shareholders. 30 Jul Cempaka Berhad pays an interim dividend of RM80,000. 31 Dec Cempaka Berhad declares a final dividend of RM75,000. The dividend requires shareholders' approval at the next AGM. Required: Prepare the journal entries to record the dividend transactions of Cempaka Berhad.

so there are 2 case and for each , we should make journal entries