complete the Call Journal along with the Dividend journal for 2023 referring to the information provided in item 2 of the adjustments and update the dividend information for shareholders as at 30 June 2023 below.

Item 2:

The company is doing very well and looking to expand distribution operations to other states in Australia. Currently the principle warehouse is in Western Australia and the company has been organising distribution in other states through suppliers and holding centres. The company is looking to consolidate operations in Melbourne and Sydney and is looking to buy or lease a warehouse to improve security of stock and delivery times to clients. As a result the company put in a Call for the Ordinary Shares currently paid to 50c calling for an additional 50c. Ordinary shares $2 part paid 5% Cumulative preference shares $4 fully paid 20,000,000 Paid up Share capital 10,000,000 Paid up Share capital 2022 2023 10,000,000 40,000,000 Journal Entry for Call on Shares Debit Credit Journal For Dividends 2023