On 30 June 2017, the equity accounts of Parker Ltd consisted of: Share capital 200,000 ordinary shares, issued at $2 each, fully paid $400,000 General reserve 30,000 Retained earnings 75,000 The following transactions and events occurred during the year ended 30 June 2018: The final 8c per share dividend for the year ended 30 June 2017 was paid on 27 September 2017. Shareholder approval to pay the dividend had been obtained at the annual general meeting on 20 September 2017. On 1 October, the directors issued a prospectus offering 80,000 ordinary shares at an issue price of $2, payable $2 on application. The closing date for application was 31 October 2017. The share issue was underwritten by Fair Stockbrokers for a fee of $7,500, payable on 15 November 2017. By 31 October 2017, applications for 100,000 shares had been received. On 5 November 2017, the directors allotted the shares on a pro-rata basis, with applicants receiving 80% of their requested shares. On 9 November 2017, The Company returned the money to unsuccessful applicants. On 15 November 2017, the underwriting fee was paid. To raise funds for expansion, the directors sold a parcel of 50,000 ordinary shares to KPI Capital Ltd on 28 April 2018 at an issue price of $4 per share through private placement. On 30 April 2018, the directors announced an interim dividend of 5c per share payable in cash on 10 May 2018. Dividend paid on May 10 2018.

Required Prepare general journal entries to record the above transactions.