Time left 1:05:4 At the start of the financial year, Jango Ltd had in issue 40 million ordinary shares valued at $12 million. In a bid to raise additional capital for the company, on March 31, 2021, the company executed a one for ten rights Issue. The rights issue was done at a price of $0.65. The company then went on to execute a bonus issue on June 30, 2021. offering three shares for every eight held. A few weeks later, the directors approved a regular issue of four million additional shares, at a price 15 cents higher than that of the rights issue. Finally, dividends of three cents per share were dedared on September 30, 2021, the final day of the financial year to be paid three months later, Beyond the ordinary share capital, the company also commenced the year with $6.4 million and $1.2 million in its retained earnings and share premium accounts respectively. For the purpose of funding the bonus issue, the company prefers to use retained earnings only as a last resort REQUIRED: Show the journal entries for each of the four transactions outlined, alongside all relevant working You are required to indicate how many shares are in issue prior to esch transaction being undertaken Recommended time: 35 minutes