Hi, please help with this case analysis:

The Washington Pty. Ltd. calls for public subscriptions for 10 million shares in July 2019. The issue price per share is $2.40, to be paid in three parts: $1.00 on application, $0.80 within one month of the shares being allotted and $0.60 within two months of the first and final call, with the call for final payment being payable on 1 September 2019. By the end of July, when applications close, applications have been received for 12 million shares; that is, two million in excess of the amount to be allotted. Allotment of shares is made on a pro-rata' basis and excess application money received is adjusted with the allotment money due. Assume that all amounts due on allotment are paid. Required: i. Journalize the issue of shares. Write narrations after each journal entry. (7 marks) ii. Prepare separate ledger accounts for cash and share capital accounts. (4 marks) iii. What is meant by the terms of oversubscription and undersubscription? What is pro- rata' allotment? Explain with example. (4 marks)