On 1 July 2019 Concorde Ltd was registered as a public company. On 4 July a prospectus was issued inviting applications for 20,000 shares payable 90 cents on application, 50 cents on allotment and 50 cents on call one and 50 cents on call two. Call one was made three months after the date of allotment, and call two was made one months after the date of allotment. By 31 July applications were received for 24,000 shares. On 3 August the directors allotted 20,000 shares to the applications on a pro rata basis. The surplus application money was offset against the amount payable on allotment. The balance of the allotment money was received by 12 August. Share issue costs were $700, and was paid on 31 August. The two calls were made on the dates stated in the prospectus. A month after each call application monies were received, except for the holders of 1,400 shares did not pay for either calls. In addition, a holder of another 600 shares did not pay for the second call. On 10th of January 2020 these shares were forfeited. On 20th of January 2020, these shares were reissued as fully paid for $2 per share. Required (show all workings and ignore narrations): Prepare entries in general journal form to record the above transactions. (15 marks)