LO3 PSB10.1 Journalise share transactions, post, and calculate share capital. Jumping Jack Ltd was registered on 31 March 2019. It invited the public to subscribe to the issue of 200000 ordinary shares for $6 per share: S3 due on application, S2 due on allotment and the balance due on call. Mar. 31 Prospectus issued. May Received applications for 200000 shares. Allotted 200000 ordinary shares. All allotment money received 31 Aug. Remaining capital called. 15 All money due on call received. Required (a) Journalise the transactions. (b) Post to the equity accounts. (Use T accounts.) (c) What is the share capital of Jumping Jack Ltd at 1 September? PSA10.6 Prepare journal entries, determine changes in retained earnings and calculate dividend LO5, 7, 8, 9 payout. Rocky Ltd had the following equity accounts at April 2018. $100000 Share capital (50000 shares) Retained earnings 60000 The following occurred during the year ended 31 March 2019. 2018 Sept. 30 Rocky Ltd declared an interim share dividend of $0.30 per share The assigned value of each share was $2. res were issued as dividends. Oct. 10 2019 A final cash dividend of $0.30 per share was declared. Mar. 31 Profit for the year was $30000. There were no other transactions or events affecting equity accounts. Required (a) Prepare journal entries to record the dividends. (b) Prepare a statement showing the change in retained earnings for the year. (c) Calculate the dividend payout. d) By how much did equity change during the period