Smart Trading Company was established during July 2019. The following equity transactions were occurred during its first year of operations apart from other business activities:- 15 July, 2021 20 August 2019 15 September 2019 10 December 2019 31 December 2019 30 June 2020 30 June 2020 30 20 June 2020 July 2020 a) b) Common Stock of 100,000 shares of Rs. 10 par value and 50,000 shares of 15% Preferred Stocks at Rs. 50 each were authorized. Issued 40,000 Common Stocks at Rs. 15 each and 30,000 shares of 15% Preferred Stocks at Rs. 60 each. Issued 30,000 Common Stock to the vender for supply of Motor vehicle having the market value of Rs. 420,000. Declared and paid an interim dividend of Rs. 02 each to the Common Stockholders on record of 31 November. The Stock split of 2:1 of Common Stock was approved and new shares were issued. The accounting profit for the year ended amounted to Rs. 800,000. The board of directors approved stock dividend of one Common Stock for every two Common Stocks held by the shareholders' which were issued accordingly. The Board of Directors also approved the cash dividend to the Preferred Stockholders. The Cash dividend to the Preferred Stockholders was paid. Required Record the above transactions in the accounting record of the Company. Present equity section of the balance sheet of the Company as at 31 July 2020.