In order to support the company's new project, the following activities had been proposed by the board of directors - On 2 July 2020, the company issued 2,000,000 units of ordinary shwes at RM3 per share, The shares offered were paid in full upon application. Applications received were oversubscribed by 300,000 units. Excess application monies were refunded by the underwriter. The share issue expense was RM50,000 and need to be set off against retained profits 2. On 15 July 2020, the company offered to the public, subscription of 3,000,000 units of preference shares at RM4 per share. Only 2,500,000 units of preference shares were applied for and paid in full upon application. The shares were allotted to the applicants. 3. The company also made a rights issue of 2 new ordinary shares for every 10 existing shares held on 1 July 2020 at a price of RM2 per share. The market value of the share was RM4 per share. 4. A5% debenture amounting RM275,0X10 was issues at RM250,000. Discount on debenture need to be set off against retained profits. 5. 70% of the redeemable preference shares held on 31 July 2020 is rodeemed at RM3.20 cach. To enable share redemption, a new issuance of 1,000,000 ordinary shares at RM2 per shure was issued to partially fund the redemption of preference shares. 6. A bonus issuance of one new ordinary share for every four existing ordinary shares held on 30th June 2020 was created at a price of RM2.20. The general reserve and retained profit will both be used equally by the firm. a. b. Required: Prepare journal entries to record the above transactions Statement of Financial Position of Rumah Tujoh Property Berhad as at 31 July 2020 after the completion of the above transactions (Total: 35 marks) Note: 1) Show calculation where necessary Show a detailed journal entry for applications received and reimbursed to unsuccessful applicants for transaction on 2 July 2020 11)