Need help in this Contermporary financial accounting questionmontgomery

On 1 July 2015, Montgomery Ltd was registered and offered 1,000,000 ordinary shares to the public at an issue price of $6, payable as follows: 3 on application (due 15 August) $2 on allotment (due 15 September $1 on nal call The issue was underwritten at a commission of $10,000. By 15th August, applications had been received for 2,500,000 ordinary shares. At a directors meeting on 16 August, it was decided that 1,000,000 share applicants were unsuccessful, while the remaining 1,500,000 share applicants were allotted shares on a pro rata basis with the excess application money to be applied against the amount due on allotment. The underwriting commission was paid on the 28th August. Other share issue costs of $8,000 were also paid on this date. All outstanding allotment money was received by the due date. The nal call was made on 1 November with money due by 30 November. A11 money was received on the due date except for the holder of 30,000 shares who failed to meet the nal call. On the 7th December, as provided for in the constitution, the directors decided to forfeit these shares. They were reissued, on 15 December, as paid to $6 for $5.60 cash. The balance of the Forfeited Shares account was returned to the former shareholder on 16th December. Required: Prepare the journal entries to record the transactions of Montgomery Ltd up to and including which took place on 16 December 2015. (Show all workings)