Newcastle Ltd was incorporated on 1 July 2025. On 1 August, it was decided to issue 600 000 ordinary shares on the following terms.

To the end of August, applications for 700 000 shares had been received together with the application money due on each share. One applicant for 10 000 shares had forwarded $20 000 in full payment of the shares.
On 15 September, the directors proceeded to allot 600 000 shares on the following basis. Applicants for 60 000 shares were refunded their application money in full, 10 000 shares were allotted to the applicant who paid for the shares in full, and the other successful applicants were allotted the remaining shares, excess application money being transferred to allotment.
On 7 October, all allotment money had been received. A first and final call was made on 1 November, and all call money was received by 30 November with the exception of the amount due on 12 000 shares.
Required

(a) Prepare all ledger accounts (T account format) necessary to record the transactions.

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Application Allotment $2 per share $1 per share Call as required $1 per share