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Study Hard Ltd has share capital of $2.7 million (1,200,000 shares) on 30 June 2020. At that date it also had a general reserve of $300,000 and retained profit of $640,000. On 1 September 2020, the directors authorised a public share issue on the basis of 200 000 shares. The shares were offered for subscription at $2 per share on application and $0.5 per share on allotment. The offer closed on 1 October 2020 with applications for 220 000 shares. Excess application monies were refunded on a pro rata basis. The shares were allotted to shareholders on the 4 October 2020. The allotment monies were received on 8 November 2020. On 4 February 2021 an interim dividend of 5 cents per share was paid on all shares (paid out of the retained earnings). Profit after tax for the year ended 30 June 2021 was $750,000. A final dividend was declared on all shares 30 June 2021 of 7.5 cents per share from retained earnings and $100,000 was transferred from the general reserve to retained earnings. REQUIRED: Record general journal entries for above transactions for the year ended 30 June 2021. Narrations are NOT required. General Journal Date Account Debit Credit 1/10 440,000 Cash trust Application 440,000 4/10 40,000 Application Cash trust 40,000 400,000 Cash Cash trust 400,000 Application Allotment* Share capital 400,000 100,000 500,000