RM 1,000,000 Questions Following is the capital structure of Sun Bhd, as at 1 June 2019 Ordinary share of RM2.00 each Reserves Revaluation reserve General reserve Retained earnings 100,000 720,000 560,000 2. Additional information: 1. The company made an additional issuance of 200,000 ordinary shares at RM2.80 per share. Total application received was for 320,000 shares. Total 200,000 ordinary shares were allotted and the excess application was refunded. The company made a rights issue of 3 shares for every 4 shares held at RM2.10 per share to all existing shareholders. All rights were taken up in full by the shareholders. Required For each of the situations above, prepare the journal entries (with narratives) to record the transactions. You are required to consider each situation independently. (Use the same capital structure as above to each and every situation above)