On $30$ June $2023,$ the equity accounts of remy Ltd consisted of the following:

$300000$ ordinary shares, issued at $$3$ each, fully paid $ $900000100,000,5\%$ cumulative preference shares, issued at $$4$ paid to $$2200,000$

Options $(200,000$ at $10$c each$)20,000$ General reserve $150000$

Additional information

$1.$ The options were excercisable between $1$ April $2024$ and $30$ June $2024.$ Each optionallowed the holder to buy one ordinary share for $$3.$

$2.$ The following transactions and events occurred during the year ended $30$ June $2024$

$15$ July $2023$ The directors issued a prospectus offering $100,000$ ordinary shares at

an issue price of $$3,$ payable $$2$ on application and $$1$ as a future call.

The closing date for application $15$ August $2023.$

$15$ August $2023$ Applications for $125,000$ shares have been received.

$30$ August $2023$ The directors allotted the shares pro rata, with applicants receiving

$80\%$ of their requested shares. The excess application monies were

retained and used to offset future calls payable.

$1$ September $2023$ The share issue cost of $ $5,000$ was paid.

The directors made the final call on $$2$ on the preference shares.

$30$ September $2023$ Call monies were received for all preference shares except for $200$ shares.

$10$ October $2023$ The directors decided to forfeit $200$ preference shares for non$-$payment

of the call. The forfeited amounts will neither be refunded to

shareholders nor reissued.

$31$ December $2023$ The directors announced an interim dividend of $10$c per ordinary share

payable in cash on $1$ February.

$15$ April $2024$ The holders of $15,000$ options applied to purchase shares. All monies

were sent with the applications. The shares were duly issued.

$30$ June $2024$ The directors decided to use the general reserve to fund the payment

of $40,000$ bonus shares, which being issued at $$2$ per share.

Required

Prepare general journal entries to record the above transactions during the year ending $30$ June $2024$