LMS Ltd was incorporated on 1 January 2020. The following transactions and events occurred since incorporation: 1 Feb 2020 LMS Ltd makes an offer to the public for investors to subscribe for 2,000,000 shares, at an issue price of $3.00 per share, with $2.20 payable on application and $0.80 payable on a call to be made at a later date. 28 Feb 2020 Applications close, with applications received for 2,200,000 shares. 10 Mar 2020 Shares are allotted to applicants on a first-in first-served basis, and application money is refunded to unsuccessful applicants. Required: Prepare the journal entries to record the transactions of LMS Ltd on 10 March 2020. Narrations are not required. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). T- 4:02 PM 9/13/2020 But hp