The owners equity section of EnamA Berhad in the statement of financial position as at 30 September 2020 is as follows:

Statement of Financial Position as at September,30 2020

Owners Equity:

5% Non-cumulative preference shares (400,000 unit/units) - 400,000

Equity shares (10,000,000 unit/units) - 10,500,000

Retained earnings - 8,163,200

total = 19,063,200

Transactions related to owners equity during financial year ended September 30, 2021 are as follows:

1 jan - Acquired a piece of land by paying cash RM520,000 and issuing 200,000 units of 5% non-cumulative preference shares for the balance. The market value of the land on the date of acquisition is RM720,000.

1 feb - Issued 500,000 units of equity shares for cash at RM1.10 per share.

1 mac - Split equity share 1:2.

1 apr = Declared cash dividend RM345,000 for all shareholders of record on March 31.

1 Mei = Updated the record of eligible shareholders.

15 mei = Paid cash dividend declared

1 sept= Declared a 1:6 stock dividend to stockholders of record on April 30. The market price of the share was RM0.60 per share.

30 sept = Net income for the current year was RM3,880,000.

a- Prepare the journal entries to record the above transactions.

b- Prepare the owners equity section in the statement of financial position as at September 30, 2021.

c- Assuming that preference shares are the cumulative preference shares and no dividend declared in the year ended September 30, 2020, show the distribution of cash dividend declared on April 1, 2021.

d- Briefly explain the difference between equity share and preference share

Bahagian ekuiti pemilik EnamA Berhad dalam penyata kedudukan kewangan pada 30 September 2020 adalah seperti berikut The owners' equity section of Enam Berhad in the statement of financial position as ar 30 September 2020 is as follows: EnamA Berhad Penyata Kedudukan Kewangan pada 30 September 2020 Statement of Financial Position as ar September 30 2020 Ekuiti Pemilik/ Owners Equity: RM Syer keutamaan bukan kumulatif 5% 5% Non-cumulative preference shares (400,000 unit units) 400,000 Syer ekuiti Equity shares (10,000,000 unit/units) 10,500,000 Perolehan tertahan/ Retained earnings 8,163.200 19,063.200 Urus niaga berkaitan ekuiti pemilik sepanjang tahun kewangan berakhir 30 September 2021 adalah seperti berikut Transactions related to owners' equity during financial year ended September 30, 2021 are as follows: 1 Apr Tarikh Date Urus niagal Transaction 1 Jan Membeli sekeping tanah dengan membayar tunai RMS20,000 manakala baki dibayar dengan terbitan 200,000 unitsyer keutamaan bukan kumulatif 5%. Nilai pasaran tanah pada tarikh perolehan ialah RM720,000 Acquired a piece of land by paying cash RM520,000 and issuing 200,000 units of 5% non-cumulative preference shares for the balance. The market value of the land on the date of acquisition is RM720.00 1 Feb Menerbitkan 500,000 unitsyer ekuiti untuk tunai pada harga RM 1.10 sesyen Issued 500,000 units of equity shares for cash at RM1.10 per share. 1 Mac Membuat pecahan ser skuit Saliecowity share 1-2 Mengisytihar dividen tunai sebanyak RM345,000 kepada semua pemegang syer yang ada dalam rekod pada 31 Mac Declared cash dividend RM 345,000 for all shareholders of record on March 31. 1 Mei Mengemaskini rekod penerima dividend Updated the record of eligible shareholders. 15 Mei Membayar dividen tunai yang telah diisytihar Paid cash dividend declared. 1 Sept Mengisytihar dividen syer kepada pemegang syer ekuiti yang ada dalam rekod pada 30 April pada kadar 1:6. Harga pasaran syer ekuiti pada tarikh ini ialah RM0.60/ Declared a 1:6 stock dividend to stockholders of record on April 30. The market price of the share was RM0.60 per share. Pendapatan bersih bagi tahun semasa berjumlah RM3,880,000 Net income for the current year was RM3.880,000 Dikehendaki / Required: a) Sediakan catatan jumal untuk merekod urus niaga di atas/ Prepare the journal entries to record the above transactions (8 markah/ marks) 30 Sept EPPD1033 b) Sediakan bahagian ekuiti pemilik dalam penyata kedudukan kewangan pada 30 September 2021/ Prepare the owners equity section in the statement of financial position as ar September 30, 2027 (5 markahmarks) c) Andaikan syer keutamaan adalah syer keutamaan kumulatif dan tiada dividen yang diisytiharkan untuk tahun kewangan berakhir 30 September 2020, tunjukkan pengiraan agihan dividen tunai yang diisytihar pada 1 April 2021. Assuming that preference shares are the cumulative preference shares and no dividend declared in the year ended September 30, 2020, show the distribution of cash dividend declared on April 1, 2021. (4 markah marks) d) Jelaskan perbezaan antara syer ekuiti dan syer keutamaan/ Briefly explain the difference between equity share and preference share. (3 markal marks)