ZHL is going well and is looking to acquire another business. To do so it decides to raise some further capital by offering its ordinary shareholders a non-renounceable share rights issue. This decision is made on 1st August 20x2. The offer is 1 ordinary share for every 10 ordinary shares held and payable at 90% of the share price on the day of the The company prepares all the necessary documentation and makes the announcement. announcement on the 31st August 20X2. Shareholders who decide to take up the offer must do so by the 30h September 20X2 and pay their money on that date By the required date 80% of shareholders take up the offer and pay the necessary money Due to the company performing well it decided to issue an interim dividend to ordinary shareholders. On the 15th February 20x3 it declared and paid the interim dividend at 3 cents per share. At the final Director's Meeting of ZHL for the year held on 16h June 20x3 it was determined that a final dividend on ordinary shares of 4 cents per share will be paid e final dividend needs to be approved and declared at the annual general meeting which is scheduled for October 10h 20x3. The Directors also decided to offer ordinary shareholders the opportunity to elect to take their dividends in shares (DRP). The conditions are that shareholders who elect for the DRP can take their dividends in shares at 95% of the ASX share price on the day the dividend is declared, when 95% is applied to the ASX share price and the resulting number is not a whole number (ie goes to a part cent) then that number is to be rounded up to the next whole cent. Shareholders have until 30th October 20X3 to elect for the DRP and will have effect for all ordinary share dividends paid after that date. The following are a selection of ASX share prices for ZHL Closing Share Closing Share Date Date Price $ Price $ 1.01 1/7/x2 1.17 10/7/X2 1.15 1.03 12/9/X2 23/X2 21/9/X2 1.08 1.13 1.15 31/7/X2 30/9/X2 1.23 1/10/X2 1/8/X2 1.20 1.21 8/8/X2 1.22 9/10/X2 17/8/X2 1.26 19/10/X2 1.22 31/8/X2 1.20 31/10/X2 1.25 REQUIREMENTS FOR STAGE 2 1 From the above and previous information prepare all the general journal entries that relate equity transactions that occurred for the year ended 30h June 20X3 for Zermatt Holdings Ltd