Question 1: Trojan Berhad was incorporated on 1- January 2019 and it offered for Subscription an initial offering of 20,000,000 ordinary shares at a price of RM 5 per share. Application of 15,000,000 were received from institutional investors and another 15,000,000 were received from trade investors. Applications were closed on 31 January 2019 and all the money was received. The money received on the oversubscribed investors were refunded. Allotment of shares was completed on 15 of February 2019 Show the journal entries and the equity extract in the statement of financial position