PARTA 6 marks The equity section of the Balance Sheet of Radeon Ltd at the 30th June 20x4 is as follows: EQUITY Share Capital $12,000,000 Reserves 989,600 Retained Profits 1,243,650 $14,233,250- TOTAL All shares are fully paid to $6.00 per share. On the 30th October 20X4 the company offers a 1:16 rights issue to all shareholders at a discount price of $5.72 per share. All but the holders of 30,000 shares take up the offer. All money is received and the share issue occurs on the 15th December 20X4. Required Prepare the general journal entry/ies of Radeon Ltd to record the rights issue of shares. Show your workings in the text box below and your general journal entry in the journal template after that. Narrations are not required. 6 marks DATE DR CR E- E E E E E- E E E E E E t' E EL Fe E