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QUESTION FOUR [15] Bling Ltd was registered on 1 March 2021 with the following authorised share capital: - 900000 Ordinary shares (Class A) - 4000009%
QUESTION FOUR [15] Bling Ltd was registered on 1 March 2021 with the following authorised share capital: - 900000 Ordinary shares (Class A) - 4000009% preference shares of R5 each (Class B) The following transactions took place for the financial year ended 28 February 2022: \begin{tabular}{|l|l|} \hline 2021 & The company offered 100000 ordinary shares at R2,00 each and \\ 200009% preference shares to the subscribers to the memorandum \\ (founders of the company). The founders took up the offer in full and \\ paid for the shares immediately. \\ \hline 11 March & The company offered 200000 ordinary shares at R2,00 each to the public. The closing date for applications was 10 May 2021. \\ \hline 10 May & Applications for 210000 shares were received from the public with \\ \hline \end{tabular} 37 Required: Record the above transactions in the general journal of Bling Ltd for the financial year ended 28 February 2022. NB: Record the date and a brief narration for each journal entry
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