On 2 January 2027, Vault 13 Ltd issued a prospectus, inviting they public to apply for shares in their company. A total of 100,000 shares were being offered, costing $2 each, payable in full on application. The issue was not underwritten. By the closing date of 1 February 2027, applications (and money) for 80,000 shares had been received. Applicants receive their shares on February 15. Which of the following is NOT a journal entry that would be used to record the above transactions?

		Dr Application 160 000 Cr Cash trust 160 000
		Dr Application 160 000 Cr Share capital 160 000
		Dr Cash 160 000 Cr Cash trust 160 000
		Dr Cash Trust 160 000 Cr Application 160 000