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Syarikat Pantas Sdn. Bhd. Bhd has an authorised share capital of 60,000,000 ordinary shares of RM1.00 each. The company had issued share capital of 18,000,000 ordinary shares. The company made an additional issuance of 2,000,000 ordinary shares at RM1.80 per share. Total application received was for 5,500,000 shares. Only 2,000,000 ordinary shares were allotted and the excess application was Tefunded Required Prepare journal entry for the above