Question No 04 (14) Honda Company has two classes of share capital outstanding: 7%, Tk 200 par preference and Tk 60 par ordinary. At December 31, 2018, the following accounts were included in equity. Share Capital Preference, 50,000 shares Tk 10,000,000 Share CapitalOrdinary, 2,50,000 shares 15,000,000 Share Premium-Preference 250,000 Share Premium-Ordinary 2,500,000 Retained Earnings 4,500,000 July 1 The following transactions affected equity during 2015. Jan. 1 30,000 preference shares issued at Tk 215 per share. Feb. 1 50,000 ordinary shares issued at Tk 65 per share. June 1 2-for-1 share split (par value reduced to Tk 30). 10,000 ordinary treasury shares purchased at Tk 70 per share. Honda uses the cost method. 5,000 treasury shares reissued at Tk 75 per share. Oct. 30 2,000 treasury shares reissued at Tk 68 per share. The preference dividend is declared, and an ordinary dividend of 50 paisa per share is declared. Sept. 15 Required: Prepare the journal entries to record the above transactions