please full calculation and explanation

Dory Corporation offered to sell its common shares on a subscription basis. Each subscription required the purchase of a specified number of shares. On May 15, 2020, several subscriptions were sold. Details pertaining to these subscriptions follow: Number of shares sold in a single subscription 18 Subscription price per share $ 68 Down payment required at time of subscription 21% Number of share subscriptions sold 177 Each of the subscribers agreed to pay the remainder of the subscription proceeds in 2 equal instalments due on August 15, 2020 and on November 15, 2020 Required: a) Prepare all of the journal entries required for the subscription contract on each of the following dates: May 15, 2020 August 15, 2020 November 15, 2020 (only for the 128 subscribers who paid their subscriptions in full) b) Prepare the required journal entries on November 15, 2020 for the defaulting subscribers, given each of the following independent scenarios: i. The subscription contract states that the investor will forfeit the downpayment and all instalment payments made, should the subscriber default on the final payment. ii. The subscription contract states that the investor will receive a refund in the amount of the downpayment and all instalment payments made, should the subscriber default on the final payment Dory Corporation offered to sell its common shares on a subscription basis. Each subscription required the purchase of a specified number of shares. On May 15, 2020, several subscriptions were sold. Details pertaining to these subscriptions follow: Number of shares sold in a single subscription 18 Subscription price per share $ 68 Down payment required at time of subscription 21% Number of share subscriptions sold 177 Each of the subscribers agreed to pay the remainder of the subscription proceeds in 2 equal instalments due on August 15, 2020 and on November 15, 2020 Required: a) Prepare all of the journal entries required for the subscription contract on each of the following dates: May 15, 2020 August 15, 2020 November 15, 2020 (only for the 128 subscribers who paid their subscriptions in full) b) Prepare the required journal entries on November 15, 2020 for the defaulting subscribers, given each of the following independent scenarios: i. The subscription contract states that the investor will forfeit the downpayment and all instalment payments made, should the subscriber default on the final payment. ii. The subscription contract states that the investor will receive a refund in the amount of the downpayment and all instalment payments made, should the subscriber default on the final payment