Record the following transactions in general journal form. Each of the situation is independent of each other.

(i) A company with a paid-up capital of 500,000 ordinary share of RM1.00 each make a decision to give to the shareholders a share dividend of one ordinary share for every 5 ordinary shares held. The retained earnings account would be used for this purpose. (4 marks)

(ii) A company involve in research project and paid RM20,000 for research assistants. (2 marks)

(iii) All the bondholders of 12% convertible bond amounting RM100,000 choose to convert all their bonds into ordinary shares. (2 marks)