On 1 January 20X5 240,000 shares of ABC Corp. are subscribed by Lucas Mapplebeck for $20 per share. The shares will be paid for in four equal instalments due every six months. The first instalment is due 1 July 20X5. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Required: 1. Assume all payments are made. Provide all journal entries for the subscription shares. View transaction list Journal entry worksheet 3 4 5 6. Record the entry for the issuance of shares. Note: Enter debits before credits. Date General Journal Debit Credit 1 July 20X7 Record entry Clear entry View general journal Journal entry worksheet 1 3 4 5 Record the entry for the subscription of shares. Note: Enter debits before credits. Credit Date General Journal Debit 1 January 20X5 Record entry Clear entry View general journal Journal entry worksheet 2 3 4 5 6 Record the entry for the collection 2. Note: Enter debits before credits. Date General Journal Debit Credit 1 July 20X6 Clear entry Record entry View general journal Journal entry worksheet 3 4 6 Record the entry for the collection 3. Note: Enter debits before credits. Credit Date General Journal Debit 1 January 20X7 Record entry View general journal Clear entry LO Journal entry worksheet 3 4 Record the entry for the collection 4. Note: Enter debits before credits. Date General Journal Debit Credit 1 July 20X7 Record entry Clear entry View general journal