Noya Ltd offered $10000$ R$1010\%$ preference shares to the general public on $1$ March $2021.$ The offer was fully

subscribed by the closing date $31$ May $2021.$ The shares were allotted on $30$ June $2021.$ Show journal entreies to record the above issue of $10000$

R$1010\%$ preference shared for the period $1$ March $2021$ to $30$ June $2021$

On $5$ December $2021,$ the directors of Noya Ltd declared an ordinary dividend of $15$ cents per share payable to all shareholders registered on $31$ December

$2021.$ The payment date for the dividents is $31$ January $2022.$ Show journal entries to record the dividents for the year ended $3$ December $2021.$ Include

the journal entry for payment of the dividends.