Prepare general journal entries to record all the relevant transactions regarding the issue of

shares during the current financial year ended $30$ June $2023.$ Include general journal entries for

the declaration and payment of dividends, the income tax expense, the payment of dividends as

approved, and the year$-$end closing entry for the share issue $2023.$

Required:

Prepare general journal entries to record all the relevant transactions regarding the issue of

shares during the current financial year ended $30$ June $2023.$ Include general journal entries for

the declaration and payment of dividends, the income tax expense, the payment of dividends as

approved, and the year$-$end closing entry for the share issue expenses.

NB: You are required to also record the date and a short narration for each transaction